Oppenheimer to Buy Some of CIBC's US Businesses

The Globe and Mail, Derek DeCloet, 6 November 2007So here's what makes Gerry McCaughey a good boss for CIBC: He does not give a damn about the optics.Wall Street brokers are waist-deep in red ink and bad mortgages, their values are getting crushed, and even mighty Citigroup is staggering. Two of the biggest names in finance, Citi's Chuck Prince and Merrill Lynch's Stan O'Neal, have been pitched