Why did you leave Merrill Lynch?
The firm was asking me to take responsibility for equities. I was beginning to think a bit about what I really wanted to do over the rest of my career in investment banking.
You must have had a shot at becoming chairman of Merrill. Didn’t you give up a lot by leaving?
No. I made the move for reasons I’m very comfortable with. I’d rather not speculate about what could have been.
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