Thain to Take Top Post at Merrill
2007-11-20 17:14:00 John Thain, CEO of NYSE Euronext, has agreed to take the top post at brokerage house Merrill Lynch & Co., according to a person familiar with the matter. The move is somewhat unexpected as many insiders on Wall Street were speculating Merrill Lynch's board would tap BlackRock Inc. CEO Larry Fink. Mr. Thain was also rumored to be considering the top job at Citigroup to fill the spot of former Chairman and CEO Chuck Prince. But Mr. Thain has remarked in the past that he wasn't that interested in the Citi job, viewing it as a very difficu
John Thain is now Merrill Lynch's (MER) CEO
2007-11-15 00:00:00 Merrill Lynch & Co. said Wednesday it has tapped New York Stock Exchange head John Thain to lead the world's largest brokerage through the unfolding credit market turmoil that threatens Wall Street's biggest investment houses.Thain, 52, has been selected to become Merrill's next chairman and chief executive officer. His appointment comes just two weeks after the ouster of Stan O'Neal as Merrill reported a $2.24 billion loss during the third quarter, the largest in its 93-year history.The New York Stock Exchange said Wednesday that it named Duncan Niederauer chief executive. Niederauer, 48, joined the NYSE in April after serving as co-head of equities trading at Goldman Sachs.Thain's first day as Merrill's new chief is Dec. 1.Thain was able to place a tourniquet on the Grasso scandal while at the same time succeeding in remaking the Big Board into a for-profit exchange. He took the company public last year, following a merger with Archipelago, and guided it through its merg...
By: Jim Cramer Blog
Indian conservationists hail Paris Hilton over binge-drinking ? - Thaindian
2007-11-14 23:31:00 Indian conservationists hail Paris Hilton over binge-drinking …Thaindian.com, Thai-land - 10 minutes agoLondon, Nov 14 (ANI): Conservationists in India have hailed socialite Paris Hilton for highlighted the plight of binge-drinking elephants. … Read the entire original post via
NYSE Euronext Inc. (NYX) Looses John Thain
2007-11-14 21:08:00 Merrill Lynch & Co. has tapped New York Stock Exchange head John Thain to lead the world's largest brokerage through the unfolding credit market turmoil that threatens Wall Street's biggest investment houses, according to published reports Wednesday.The Wall Street Journal and the New York Post are reporting that Thain, 52, has been selected to become Merrill's chairman and chief executive. There were reports that NYSE's board met during the day, and that an announcement could come later this afternoon.Spokesmen for the NYSE and for Merrill declined to comment.Thain, who is credited with remaking the NYSE into the world's first truly global exchange, is no stranger to the investment world. He started out on the bond desk at Goldman Sachs Group Inc. and left the firm as its chief operating officer.
By: Jim Cramer Blog
John Thain Merrill Lynch CEO?
2007-11-14 20:38:00 John Thain Merrill Lynch CEO? That is what news reports are flashing across the country. John Thain has apparently accepted the job as the new CEO of Merrill Lynch. John Thain is currently the NYSE Euronext CEO. The public announcement is expected to come as earlier as Wednesday afternoon. It seems to be good news for ...
By: TheNewsLeak
John Thain
2007-11-14 19:55:00 John A. Thain, chairman and chief executive of NYSE Euronext, former co-president of Goldman Sachs, is the new chief executive of Merrill Lynch! While many expected Laurence D. Fink would nab the job, Thain has gotten it, reports the NY Times moments ago. Thain was up for both Citigroup and Merrilll. Thain replaces E. Stanley O?Neal, kicked out recently after a $2.3 billion loss, an $8.4 billion write-down and an unauthorized merger approach to a rival bank, Wachovia. In January 2004, Thain became chief executive of the stock exchange replacing Richard A. Grasso.
A trade on CEO -Thain
2007-11-14 19:06:00 If you are doing a long term thingy Then Buy Mer tomorrow if you can get hld of it below that 57 or 58 mark. If you have not yet bought or sold Mer…then this is the right time to sell. Buy it back tomorrow or the day after or after the Options expiration. This is a very ...
By: YourAdu
Pammy marries Paris Hilton?s sex tape partner Rick Salomon - Thaindian.com
2007-11-14 12:16:00 Pammy marries Paris Hilton?s sex tape partner Rick SalomonThaindian.com, Thai-land - 17 minutes agoAnderson and Salomon, who have been friends for over 15 years, exchanged vows on Oct 6 at the Mirage hotel in Las Vegas in front of a small gathering that … Read the entire original post via
If I were Thain (as of this moment)
2007-06-19 22:01:00 I know I’ll call many of my friends here o critisize me with this post. Many would say I’m wrong. But just read on. If I were Thain at this moment. I’ld go ahead and throw a very competitive bid for NMX and acquire them. Let the market digest the news, let the shorts ...
By: YourAdu
Europe high-speed thains flit from Germany to France
2007-05-25 20:41:00 The TGV-ICE duet is an important collaboration between often rivalrous rail giants, France's SNCF and Deutsche Bahn AG, and is being touted as a more environmentally friendly alternative to airplanes. The German train left from Frankfurt and the French train left from Stuttgart, and both were to slide into Paris' Gare de l'Est side-by-side Friday afternoon. The journey cuts travel from Frankfurt to Paris to 3? hours from 6 hours, 15 minutes today. read more
By: Dangerous News.
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