Word: lynch
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...Mansour. Within hours of the attack, Arafat's security court sentenced three men to death for allegedly collaborating with Israel. The judicial process was not much less swift or more formal than actions on the streets of West Bank towns; in the three days after the Israeli attack, lynch mobs murdered four other suspected collaborators. Hamas vowed it would take revenge. This terrible summer, the number of victims grows, and then grows some more...
...stock a "buy" in order to win investment-banking business--resurfaced as an allegation in a suit naming six major brokerage firms and in two other suits naming Morgan Stanley and Meeker. These come on the heels of a similar case settled last month against Henry Blodget and Merrill Lynch. Merrill denied wrongdoing. Morgan says the "allegations are unfair and inaccurate and cannot be supported in court...
...short term, these megacompanies face a period of adjustment. Flextronics, for one, will have to digest its gut-busting acquisitions. Says Merrill Lynch analyst Jerry Labowitz: "It's a real challenge for any company growing at an extraordinary rate to do three dozen acquisitions in less than 15 months, especially when many of them are in new areas for the company." In the meantime, the big EMS players must also adjust to the economic woes of their customers. In a speech last month, Marks predicted that the telecom industry is "going to get a lot nastier, with...
STANLEY O'NEAL President and COO, Merrill Lynch...
Selected for the No. 2 job at Merrill Lynch last month, O'Neal is expected to win top billing at the nation's largest securities firm when current CEO David Komansky retires in three years. That would make O'Neal, 49, the first black CEO of a major Wall Street brokerage house. Reared on a farm in Wedowee, Ala., O'Neal attended a one-room schoolhouse and worked the late shift at a General Motors plant in Georgia before landing at Harvard Business School. He joined Merrill as an investment banker in 1986 and later served as CFO and brokerage...