Merrill's O'Neal walks away with $161.5m

[a529612]

Oct. 30 (Bloomberg) -- Merrill Lynch & Co.'s Stan O'Neal, ousted from his job as chairman and chief executive officer of the world's largest brokerage, left with $161.5 million of securities and retirement funds, according to a federal filing.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a52OIGkiBx0Q&refer=home

 

[empee]

he got no severance, or exit bonuses. I think they just vested his existing options. Compared with Pfizer and Home Depot, he got screwed (he had no employment agreement, his fault).

 

[Pa(b)st Prime]

Wrong thread. I thought the OP posted Miami's O'Neal. Just as long as Shaq's still clogging up the middle for the Heat. Come to think of it, Shaq made more than Stan......

 

[poyayan]

I need to be screw like that. Where can I sign up?

 

[flytiger]

Quote from poyayan:

I need to be screw like that. Where can I sign up?

Are you kidding? Think of how humilitated he is! Do you think 160mm is a salve that can soothe such a wound? He'll probably off himself in the next week or so, if just to save whatever dignity he can.