Merrill lynch CEO's job at risk

--Merrill Lynch CEO Stan O'Neal discussed with Wachovia for a merger without consulting board of directors, triggering the board of directors and putting his job at risk --Board discussed possible candidates, including Blackrock CEO and Euronext CEO --The firm may have to write down its holdings by $4 billionin the fourth quarter, on top of the $7.9 billion charge itdisclosed Oct. 24, according to CIBC World Markets. Stan O'Neal Mishaps --acquired First Frankline for 1.3 bil in December 2006, at the peak of real-estate, the tenth largest subprime lender in 2006 with $27.7 bil of loans