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Financial Crisis Financiers: Where Are They Now? (PHOTOS)

First Posted: 11/22/09 05:12 AM ET   Updated: 05/25/11 03:10 PM ET

UPDATE: AIG's Joseph Cassano is BACK in U.S. soil. Check out info on his "surprisingly modest" home here.

Absence makes the heart grow fonder. Well, not always. When it comes to the once renowned financial titans we were all so familiar with before the crisis, there aren't many who mourn for a return of Wall Street's old guard.

We decided to roll the clocks back a bit and review some of the bigger names from the pre-Crisis era of finance. The cast of characters should be familiar: Angelo Mozilo, Countrywide's subprime king, who's now facing charges from the SEC; Hank Paulson, the former Treasury Secretary who engineered the TARP program last year; and Franklin Raines, the decidedly well-compensated ex-Fannie Mae CEO, who's legal fees are still being paid by the U.S. taxpayer. Then, of course, there's Kerry Killinger, the former CEO of Washington Mutual, who oversaw the largest bank failure in U.S. history - and walked away with a $100 million severance package. (Nice work, if you can get it.)

In the interest of retrospection, we decided to ask a simple question: Where are they now? To find out what they've been up to, check out our photos and vote for your least favorite financier from Wall Street's pre-crisis days.




Stanley O'Neal, Former CEO, Merrill Lynch
 
Stanley O'Neal, the former president and CEO of Merrill Lynch, led his firm into the risky territory of subprime mortgage bonds that eventually led to its demise. O'Neal was named by CNBC one of the "Worst American CEOs of All Time," but when he was replaced by John Thain in 2007, he took with him $161.5 million worth of stock in severance. In 2008, he was appointed to the board of the aluminum company Alcoa but reportedly still has enough downtime to play golf several times per week.
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Filed by Ryan McCarthy  |