spokesperson told Reuters
today that BlackRock's Larry Fink
was never offered the top job at Merrill. Earlier today, CNBC reported that Merrill had offered the job to Fink and had accepted, but only on the condition that Merrill give him a full accounting of its exposure to subprime loans. Merrill declined to do so and then instead offered the job NYSE EuroNext CEO John Thain, according to the CNBC report. Merrill Lynch declined to comment to Reuters as to whether Thain had offered the job.
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