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View Full Version : Stan Oneal expected to step down as ML CEO



tribaljunkee
10-29-2007, 03:31 PM
ML is gonna be a shit show the next few months. My guess is Greg Flemming will be the new CEO.

cant wait to go back to work jan 7th.

poppa pri
10-29-2007, 03:36 PM
ML is gonna be a shit show the next few months. My guess is Greg Flemming will be the new CEO.

cant wait to go back to work jan 7th.

cnbc been talking about cutbacks in the work force @ MS...any chance that might affect you?

talking about how every 5 yrs they fire everyone to start fresh but that only puts them behind everyone...

crazyray™
10-29-2007, 03:38 PM
staying on the sidelines but ML looks like a potential good investment

good thing i went long on GS @ 170

tribaljunkee
10-29-2007, 03:46 PM
I doubt it will affect me. I actually got quite a good pay increase, but this is all before the reports came out on the writedowns.

I worked at ML back in January for 6 month rotation, I turned down a GMI rotation in their London offices, to stay in the city until I graduate from Northeastern next May. I have been offered a full-time position before I even started to head up FX department in middle office. I think ill be fine. And as for ML the stock this past winter was a rollercoaster and Oneal got alot of credit for bringing it back up to the 80s. I think it will dip a lil lower. If it breaks around low 60's high 50's Im buying in!

poppa pri
10-29-2007, 03:59 PM
I doubt it will affect me. I actually got quite a good pay increase, but this is all before the reports came out on the writedowns.

I worked at ML back in January for 6 month rotation, I turned down a GMI rotation in their London offices, to stay in the city until I graduate from Northeastern next May. I have been offered a full-time position before I even started to head up FX department in middle office. I think ill be fine. And as for ML the stock this past winter was a rollercoaster and Oneal got alot of credit for bringing it back up to the 80s. I think it will dip a lil lower. If it breaks around low 60's high 50's Im buying in!

goodluck kiddo

tribaljunkee
10-29-2007, 04:02 PM
:plead stock dip down a few more bucks a share :plead

TheHipHopBillGates
10-29-2007, 04:05 PM
It's funny because ML is the FS company thats doing the most hiring right now. Everyone else is laying off like crazy, except maybe GS.

brian
10-29-2007, 05:45 PM
I've heard they could have another 10bn in additional writedowns.

TheHipHopBillGates
10-30-2007, 03:53 PM
http://articles.moneycentral.msn.com/Investing/Extra/Lose8BillionPocket160Million.aspx

Guy is going to get upto 160 Million, when the fuck is the government going to rein in CEO pay, this is almost as bad as that Disney joke a few years ago.

Gspot555
10-30-2007, 11:51 PM
It's funny because ML is the FS company thats doing the most hiring right now. Everyone else is laying off like crazy, except maybe GS.

Goldman was at my school the other day and they told me they have hired all full time positions for the next year, LOL

tribaljunkee
10-31-2007, 12:51 PM
Goldman was at my school the other day and they told me they have hired all full time positions for the next year, LOL

weird....

they have been trying to get my girlfriend to come over to join the HR dept and leave lehman.

tribaljunkee
10-31-2007, 12:52 PM
http://articles.moneycentral.msn.com/Investing/Extra/Lose8BillionPocket160Million.aspx

Guy is going to get upto 160 Million, when the fuck is the government going to rein in CEO pay, this is almost as bad as that Disney joke a few years ago.

yea.

i remember reading all his figures one day bored at work earlier this year.

he also gets 300mill if ML gets bought out.

expect stan to go to washington sometime in the near future.

Gspot555
10-31-2007, 01:03 PM
weird....

they have been trying to get my girlfriend to come over to join the HR dept and leave lehman.

I was asking on the investmen bankingt/financial services side.

I told the lady I would walk her dog and babysit her children if she could get me in there

tribaljunkee
10-31-2007, 01:12 PM
I was asking on the investmen bankingt/financial services side.

I told the lady I would walk her dog and babysit her children if she could get me in there

oooo IB....yea no way!

those poor fuckers work like slaves. and IB is too elitest for me. gotta study at yale or harvard for that shit, at least thats the trend ive been noticing. idk if its really a trend or what but still..

my girl does IT recruiting for Lehman brothers.