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PROLOGUE
the wonder of it all
STAN O'NEAL, CHIEF EXECUTIVE officcr of Merrill Lynch, a Wall Street firm on the verge of disaster, had only himself to blame. He calculated the damage that had been wrought. He reviewed the mistakes he had committed, the strategic blunders, the errors in judgment, and disregard for risk, all of which was exacerbated by faulty execution. Of course it wasn't entirely his fault, since he relied on the advice of the one person who should have known better—his caddy.
The final tally for O'Neal's round of golf was 88, one stroke better than the day before, but well off the 80 he had shot just a week earlier at Waccabuc, near his home in a remote corner of Westchester County, north of New York City. It was near twilight on a Sunday in late September 2007, and as mediocre as his round of golf at the Country Club of Purchase had been, at least it was a better experience than the meeting he'd had in the city that day, where he had flirted whh the unthinkable.