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There was a bit of good news last week for Stan O'Neal, the former Merrill Lynch CEO who was ousted last year: It was reported that O'Neal was "poised to make a reappearance on Wall Street" with a new job at a hedge fund called Vision Capital Advisors. But there was another, less positive development for O'Neal last week as well. On Friday, O'Neal handed over full ownership of his duplex co-op at 941 Park Avenue to his wife, Nancy Garvey, a property worth as much as $20 million. Why the transfer? O'Neal has been named as a defendant in a series of class-action lawsuits against Merrill, which have accused him of misleading investors about the firm's exposure to risky mortgage investments; moving assets out of his name could be a way to shield them in the event a court eventually awards damages. But the move could also suggest that the couple is in the process of dividing up their assets as part of a divorce proceeding. We'll let you know if we hear more. In the meantime, the apartment transfer document is below.

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