Merrill Losses Have Fingers Pointing at Thain
(wsj.com)Search
2008-07-18
"The knives are coming out for Merrill Lynch & Co. CEO John Thain. The commentary following Merrill’s frightening $9 billion write-down and $4.95-per-share loss for the second quarter (which exceeded even the most pessimistic estimates) is centering on Mr. Thain’s leadership, though his tenure at Merrill is still in the nascent stages."
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