It’s been a steep drop for former Merrill Lynch chairman and CEO Stanley O’Neal, who was ousted in 2007 after his company had amassed a big portfolio of troubled mortgages. O’Neal, who used to fly in corporate jets or in first class, was spotted Wednesday sitting with the budget travelers in coach on a Northwest Airlines flight from West Palm Beach to LaGuardia.
Ex-Merrill Lynch chief flying lower
By
PageSix.com Staff
Published
Oct. 16, 2009, 4:00 a.m. ET