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Tip on improper gifts led to CEO's exit

Client informed First Marblehead of Meyers' moves

By Sasha Talcott and Chris Reidy
Globe Staff / September 29, 2005

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Bank of America Corp. touched off a chain events that ultimately led to the resignation of First Marblehead Corp. chief executive Daniel M. Meyers when the bank fired a high-ranking student loan executive several weeks ago, then alerted First Marblehead's general counsel that Meyers had given expensive personal gifts to her. (Full article: 695 words)

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