Hints and tips:
...CIT emerged from bankruptcy in December under control of its primary creditors, and its new chief executive John Thain, the former chief executive of Merrill Lynch, has set out to rebuild the company....
...- Brian Hunter, John Thain and Stephen Feinberg in further reading. - A rare bright spot in the CDS market On FT.com, - Never mind the dollar. Sterling has slumped to a fresh low against the euro....
...- Lina Saigol considers the charge that Thain wants to ‘Goldmanise’ at Merrill On FT.com, - Another glistening milestone passed. Gold’s gone north of $900 an ounce....
...Though Thain had been considered something of a long shot, his lack of interest highlights the challenges that Merrill is facing as it looks to replace O’Neal, who is expected to be sent packing soon....
...When it comes to potential successors as chief executive, rent-a-candidate John Thain is back, even as the ‘is-he, isn’t-he’ speculation surrounding Mr Thain’s supposed inclusion on the Merrill Lynch shortlist...
...The announcement, late on Monday, raises questions about how long current Big Board CEO John Thain, who also hails from Goldman Sachs, will remain in power....
...John Thain, chief executive of the NYSE, said the two exchanges would work together on areas such as trading systems and technology, cross listings, regulatory issues, corporate governance and exchange-traded...
...John Thain’s argument for eliminating the trading floor without people just got hosed, and rightfully so....
...John Thain, NYSE chief executive, said that the buy “complements our global growth strategy,” in a statement....
...Shareholders said Mr Thain had refused to rule out a bid for the London Stock Exchange, creating a three-way merger....
...John Thain, chief executive of the NYSE, has been pushing the benefits of a transatlantic combination....
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