"Huge write-downs caused the ouster of Stan O'Neal and Charles Prince, " speculated Peter Cardillo, a market analyst at Avalon Partners.
With O'Neal, and Prince, gone, both Merrill and Citi will have to file their reports using the signatures of interim chiefs.
Both made their debuts against City, but new loan signings Jamie O'Hara and Kevin Prince Boateng of Tottenham were not registered in time as Portsmouth suffered a fourth successive defeat.
Portsmouth have been busy in the transfer market since Al Fahim's takeover with Michael Brown, Jamie O'Hara and Kevin Prince Boateng amongst a host of new faces at the Hampshire club.
On Friday, the House of Representatives' watchdog committee corralled former Citigroup CEO Charles Prince, former Merrill Lynch CEO Stanley O'Neal and Countrywide Financial CEO Angelo Mozilo to find out whether executives should be compensated handsomely when their companies fare poorly.
With O'Neal, and possibly Prince, gone, both Merrill and Citi would have to file their reports using the signatures of interim chiefs.
United centre-back Nemanja Vidic appeared to be harshly punished for tugging at Frederic Piquionne's shirt as they went up for an O'Hara free-kick and Prince-Boateng, who missed a spot-kick last week, made no mistake this time.
Stanley O'Neal of Merrill Lynch, Charles Prince of Citigroup, and Peter Wuffli at UBS have all been pushed out over their firms' subprime-related losses.
Some 2, 000 soldiers loyal to Prince Ranariddh were estimated to be involved in the defence of O'Smach.
Other banks have also been hit, and Merrill Lynch's boss Stan O'Neal and Citigroup's chief executive Charles Prince have both left their posts recently.
PORT-AU-PRINCE Jan 16 (Reuters) - When Irish billionaire Denis O'Brien set about building a cellphone company in the western hemisphere's poorest country, there was no shortage of skeptics.
On Thursday, Prince Charles hosted a special awards ceremony in Dublin, where singer Daniel O'Donnell received an honorary MBE.
Digicel Chairman Denis O'Brien attends an interview with Reuters at the company's headquarters in Port-au-Prince, in this picture taken December 18, 2012.
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