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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?

Firing of Merrill Lynch CEO is not about race! originally appeared on BloggingStocks on Tue, 30 Oct 2007 09:00:00 EST. Please see our terms for use of feeds.

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