Stan O'Neal, the (now former) head of Wall Street Bank Merrill Lynch has resigned (or "retired") after the company admitted it is exposed to somewhere between 7 and 12 billion USD in losses related to mortgage problems in the US. The good news for Mr. O'Neal and family is that he stands to "earn" nearly 160 million USD just for going away.
I have got to get me one of these jobs.
I have got to get me one of these jobs.
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