Friday, October 26, 2007

Insult To Injury

Nice. Rumor hits you're gonna be shitcanned and your company's stock jumps. Bloomberg (10.26.07):
"Merrill Lynch & Co. surged the most in five years on speculation Chairman and Chief Executive Officer Stan O'Neal will be ousted and the world's biggest brokerage will become a takeover target."

Merrill Shares Rise Amid Speculation O'Neal Will Go



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