Got to feel sorry for Stanley O’Neil

Chief Executive of Merrill Lynch…

http://news.bbc.co.uk/1/hi/business/7064948.stm

Can’t get much worse than that really. It’s almost like the shareholders are saying ‘yes we think you’re rubbish and we’re putting our money where our mouth is’. Harsh times. Still I suppose someone has to take the bullet and I’m sure a huge payoff will be in the offing so maybe not too much sorrow for him.