Citigroup Inc. Chairman and Chief Executive Charles Prince, beset by the company's billions of dollars in losses from investing in bad debt, resigned Sunday and is being replaced as chairman by former Treasury Secretary Robert Rubin. ...more

November 5, 2007

Senate Banking Committee Chairman Christopher Dodd says Merrill Lynch & Co.'s $161.5 million compensation package for former chairman and Chief Executive Officer Stan O'Neal may revive efforts in Congress to give shareholders more power to curb CEO salaries. ...more

November 3, 2007

CAVALIERS 110, KNICKS 106 NEW YORK (106) - Richardson 2-6 0-0 6, Randolph 10-23 1-2 21, Curry 9-16 0-5 18, Marbury 3-11 3-4 10, Crawford 8-17 8-8 25, Lee 3-5 1-2 7, Robinson 7-13 1-2 19, Balkman 0-0 0-0 0, Jones 0-0 0-0 0, Totals 42-91 14-23 106. ...more

November 3, 2007

Stan O'Neal's legacy will be cemented as the $8 billion man. That's about the size of the massive write-down Merrill Lynch & Co. had to take during its just-ended quarter, which has ruined the reputation of the investment bank's CEO. ...more

October 31, 2007

Merrill Lynch's departing chief executive, Stan O'Neal, will walk away with $161.5 million in stock, options and retirement benefits, the company said Tuesday. ...more

October 31, 2007