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Merrill Lynch Picks a Packer

Michael Packer’s mission is to organize Merrill’s institutional e-commerce initiatives into a coherent whole while creating a small dot-com environment.

Michael Packer gets the difficult, big-picture jobs. In May 1999, Merrill Lynch brought him aboard to organize its institutional e-commerce initiatives into a coherent whole while creating a small dot-com environment. The result: Direct Markets, which is charged with creating a next-generation investment bank for

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