Stan O'Neal
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Stan O'Neal, Merrill Lynch CEO 2001 to Oct. 2007
O'Neal turned high risk subprime mortgage bonds into collateralized debt obligations (CDOs) and allowed Merrill to load up on the bonds to the tune of $41 billion in subprime CDOs and mortgage bonds by June 2006 [1]
References
- ↑ "25 People to Blame for the Financial Crisis,” “TIME Magazine, Retrieved September 21, 2009.
