Monday, August 13, 2018


There is a man by the name of Stanley O'Neal. He is a black man. He was also the CEO of Merrill Lynch. He also presided over Merrill Lynch during the near bankruptcy of the firm.

After the finanacial crisis of 2008, Vanity Fair magazine wrote a scathing article about the enormous failures of this man and his enormous contribtuion to the housing and related crisis. (November 2010)

The name of the article was "The Blundering Herd". STANLEY O'NEAL WALKED OFF WITH HUNDERDS OF MILLIONS OF DOLLARS OF COMPENSATION. According to the article Mr. O'Neal left the firm with "161 Million in retirement benefits and Merrill Lynch stock."

Why in the world did the Occupy Wall Street people march to the homes of white people who had relatively nothing, if anything at all, to do with the financial crisis of 2008? Why hasn't our President spoken to this man's (O'Neal) enormous failures and greed.

Picking people for jobs of any sort based on gender, race religion, etc. is self defeating but being politically correct, when there are facts that suggest the falseness of that approach, is equally as dangerous.

Shepard Osherow. All Rights Reserved