Houston Chronicle Biz Columnist Loren Steffy Wants O'Neal's Old Job

In his column on November 9, 2007, Houston Chronicle business columnist/blogger Loren Steffy published his open application for Stanley O'Neal's old job at Merrill Lynch.  No word yet on whether his application was accepted.

Excerpts:

     "I've been interested in working for Merrill Lynch for some time -- about two weeks to be exact"

     "What attracted me to your firm was the humongous payout you gave to the previous CEO, Stanley O'Neal.  According to my research, O'Neal will receive about $161 million."

     "I believe that I would be a good choice to run your company because I would lose less than the $8 billion that O'Neal did on bad mortgage investments.  Given my lack of experience, qualifications and knowledge of the job, I believe I would lose no more than $5 billion."

 

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