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Fakahany Leaving Merrill Lynch (MER) - CNBC

January 28, 2008 7:38 AM EST
Reports from CNBC's Charles Gasparino, Ahmass Fakahany is on his way out as the co-President and co-COO of Merrill Lynch (NYSE: MER).

Gasparino said this is related to new CEO John Thain's housecleaning from the Stan O'Neal regime, which have stacked up billion in write-offs due to their CDO and subprime exposure.





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Charles Gasparino, Merrill Lynch, John A. Thain