Hints and tips:
...After becoming a senior partner at McKinsey and a stint at Merrill Lynch, he joined Morgan Stanley in 2006 and succeeded John Mack as chief executive just four years later....
...“The thing that Gorman’s said multiple times when he took over from Mack, he was very deliberate he was not going to be John Mack,” said one longtime Morgan Stanley banker....
...Famously, the blue bloods deposed Purcell in 2005 and re-installed their man John Mack atop the bank....
...Morgan Stanley had its own fair share of drama in the 2000s when John Mack left after a power struggle with Philip Purcell, only to return four years later to replace him....
...Pick will inherit a vastly changed bank from the one Gorman took over from John Mack in 2010, less than two years after Morgan Stanley almost failed during the 2008 financial crisis....
...It was during a 2006 town hall held by the bank’s then chief executive, John Mack, and Pick — at the time co-head of global equity capital markets — stepped up to ask a question....
...Alas I wont be adding John Mack’s new book to aspiring financiers’ reading list....
...In one image, they float peacefully in a stream, like two Ophelias from the John Everett Millais painting....
...He could smell bullshit,” recalls John Mack, who was then head of Morgan Stanley’s fixed-income division....
...John Mack cemented his place in Wall Street folklore during the depths of 2008 financial crisis, when as chief executive of Morgan Stanley he secured a $9bn investment from Japanese bank MUFG....
...“He was on the phone with regulators all the time,” recalled John Mack, Morgan Stanley’s chief executive at the time....
...Mack was shocked. Jenkins had become good friends with his family, especially his son. So Mack went rogue again....
...John Mack, Morgan Stanley’s chief executive at the time, described in his recent memoir how Kindler turned up “wearing his khakis and sandals from Cape Cod”, where he had been over the weekend, and then...
...He could smell bullshit,” said John Mack, then head of Morgan Stanley’s fixed-income division....
...— Oops, we forgot to fix the supply chain (Vox) — John Mack, who led Morgan Stanley into a crisis, regrets little (Bloomberg $) — Former Celsius exec joins JPMorgan as director of crypto regulatory policy...
...Return of the Mack: ‘I don’t fucking care’ John Mack is back....
...Australian-born Gorman replaced John Mack as chief executive at the start of 2010, having been the bank’s co-president in charge of global wealth management, investment management and operations....
...“I have never forgotten how bad I felt back then,” John Mack, Morgan Stanley’s former chief executive, wrote of that angry period in his autobiography....
...In the US installation titled “A species between worlds”, artist John Mack explores what he calls “the digital takeover of human consciousness” through his spectacular landscape photographs merged with flat...
...Since taking over from John Mack in 2010, Gorman has diversified the US lender away from investment banking and trading with a push into wealth management that has helped it surpass arch-rival Goldman Sachs...
...Many of these are documented in a new book, Archive (published by Mack), which looks at the moodboards behind each Coppola film: here is the painting by John Kacere that inspired the shot of Scarlett Johansson...
...John Mack, who led Morgan Stanley at the time of the Dean Witter merger and later returned, remembers the deal as “painful” but says it was worth it. He would say that, of course; it was his deal....
...John Mack, another former Credit Suisse chief executive who went on to run Morgan Stanley, has a blunter assessment of the reasons for its fall: “Their performance says it all.”...
...‘I have f***ing killed it’ Former Morgan Stanley chief executive John Mack may have led the investment bank into a crisis, but he has few regrets....
...It was then run by a series of US investment bankers including John Mack and Brady Dougan. “Twenty years ago we lost our soul....
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