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...have our first big-game catch of the 2007 housing slump and credit crunch. On Oct. 30, Stan O'Neal resigned his post as CEO of Merrill Lynch after reporting that his firm would suffer a $7.9 billion hit to the value of its assets because of bad bets on mortgage-related securities. O'Neal personally took blame for Merrill's forceful push into complex instruments designed to distribute the risk of a surging subprime-mortgage market--the ones now imploding as home prices flatline and defaults spike...

Author: /time Magazine | Title: Market Casualties | 11/2/2007 | See Source »

...Neal was not the “kind of active talker that other HBS students were, but he was very thoughtful when he entered into discussions,” Candee added. “Stan was very serious...

Author: By Prateek Kumar, CONTRIBUTING WRITER | Title: Peers Remember CEO’s Days at HBS | 11/2/2007 | See Source »

...former Merrill Lynch CEO E. Stanley O’Neal, the fall from financial power was fast. And while colleagues have blamed his go-it-alone approach, friends from his days at Harvard Business School remember a different Stan...

Author: By Prateek Kumar, CONTRIBUTING WRITER | Title: Peers Remember CEO’s Days at HBS | 11/2/2007 | See Source »

...Stan was very serious,” Candee said...

Author: By Prateek Kumar, CONTRIBUTING WRITER | Title: Peers Remember CEO’s Days at HBS | 11/2/2007 | See Source »

...Rights (OPHR) with Martin Luther King, Jr., immediately following the Olympic Trials. Edwards eventually traveled to Cambridge and spoke to the entire Harvard team, warning the Crimson eight of the challenges it would face being “white, Harvard, and a team.” Edwards was right. Stan Wright. a black U.S. track coach was just one of a bevy of critical voices of the Harvard eight, saying, “If Negroes want to demonstrate, I don’t think they need the Harvard crew.” To fuel the fire, the Harvard oarsmen wrote...

Author: By Aidan E. Tait, CRIMSON STAFF WRITER | Title: HEAD OF THE CHARLES '07: Citius, Altius, Veritas | 10/20/2007 | See Source »

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