Stan O'Neal, CEO of Merrill No Longer
For those who do not know who this is- Stan O'Neal was the CEO of one of the biggest finance companies in the US, Merrill Lynch, for the last 4 years. I know he just basically got fired but the dude is bad ass. For all that he has accomplished. I am not sure where one goes after publicly getting fired, but there is always a book deal in his future. Anyway, Merrill reported billion dollar losses for the first time in 93 years. Hey, he is not the first executive to get canned in this hellish time for finance companies. I speculate he won't be the last. With lending companies loosing and the market looking pretty weak, there will be more hard times to come. Brain check! Seriously, I published this because he is a Black dude who was the head of a major (one of the big 5) finance company. He worked his way up to the top by being on top of his game. No doubt he made some poor choices that eventually ended with his getting fired; however, dude is not hurting. Even without a severance