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Westport's Herbert M. Allison Jr., Former Merrill Lynch President

WESTPORT, Conn. -- Herbert M. Allison Jr., a former president of Merrill Lynch, died Sunday at his home in Westport. He was 69.

Allison was appointed to lead and rescue a troubled Fannie Mae and later ran the federal government’s bank bailout program, according to the New York Times .

Read his full obituary here .

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