Stan O’Neal’s legacy to Merrill Lynch
How Stan O’Neal transformed Merrill Lynch
The O’Neal era Merrill ethic
How O’Neal went from the production line to the front line of investment banking
Merrill Lynch has changed dramatically from the firm it was in the 1990s to the one it is today. How would you define Merrill in 2006?
You have to look at the sweep of the history of the firm. We started out as a retail firm only, and only in the last 20 years or so have we really built an institutional business. Some aspects of it have been consistent over the entire two decades, such as the openness and the ability to integrate lots of different talents even at very senior levels, both from internal promotions and hires from other firms.
The other thing is the variety of...
