Get your holiday on with Holidash!
Holidash Blog

AOL Money & Finance

Firing of Merrill Lynch CEO is not about race!

The USA Today wins the prize for the Lamest Commentary to Date on the probable ousting of Merrill Lynch (NYSE: MER) CEO Stanley O'Neal:

If Merrill Lynch ousts Stanley O'Neal as expected, it will be seen as a standstill in the steps made by African-American CEOs over the last eight years, but the setback will only be temporary, say those who follow such progress.

What? Why would this be a standstill for African-American CEOs? I would argue that this is more like a standstill for CEOs who lose $7.9 billion on subprime mortgages.... then negotiate mergers behind the backs of their directors.

And is that really something that should be lamented?

Related Posts

Reader Comments (Page 1 of 1)

Symbol Lookup
IndexesChangePrice

Last updated: December 02, 2008: 01:57 PM

BloggingStocks Exclusives

Hot Stocks

BloggingStocks Featured Video

TheFlyOnTheWall.com Headlines

WalletPop Headlines

AOL Business News

Latest from BloggingBuyouts

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance