Has Bank Of America-Merrill Lynch Been Disrespecting Sallie Krawcheck?

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John Carney says yes, by running around with Dan Sontag, her sworn enemy.

Bank of America executives have secretly met with long-time Merrill Lynch veteran Dan Sontag in hopes of tapping him to run the U.S. wealth management division, according to people briefed on the matter. Sontag has spoken with Bank of America chief Brian Moynihan, a person said. They discussed bringing Sontag into the role—although no decision has been made. Sallie Krawcheck, to whom Sontag would directly report, has not been part of these conversations. “Just talking to Sontag is a huge insult to Krawcheck. He hates her,” a person familiar with the situation said.

[NetNet]

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