Stan O'Neal's Hedge Fund Return?

When E. Stanley O’Neal ran Merrill Lynch, the big Wall Street brokerage started to resemble a giant hedge fund—juicing its returns with a big bet on tens of billions of dollars in now toxic mortgage-backed securities. So it’s only fitting that nearly a year after O’Neal was forced out at Merrill, the former Wall Street CEO is considering joining a fast-growing hedge fund, among other job opportunities.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.