Hints and tips:
...We’ve had the inimitable Jancis Robinson, our wine columnist, a few times. We recently had André Hueston Mack on, the sommelier....
...Nate Bennett, a professor at the J Mack Robinson College of Business at Georgia State University, said the nature of a COO’s responsibilities varied between industries....
...But André Mack, who has built up a reputation as a trailblazing sommelier, entrepreneur and visual artist from his base in Brooklyn, sees glimmers of hope....
...The results follow moves by James Gorman, who succeeded John Mack as Morgan Stanley’s CEO, to shift resources to steady-growth businesses....
...- John Mack had a very nice weekend. - Is gold just another fiat currency? - The US Treasury is out of step in the big shift on big banks. - Krugman on the ‘pain caucus‘....
...Tom Barrack, Colony’s founder, recently discussed the prospect with John Mack, chairman of Morgan Stanley, say people close to the matter....
...At the bank’s annual meeting, Mack, who preceded Gorman as CEO and became chairman in January, vowed to step down if his successor felt his presence hindered his ability to run the company....
...Gorman, who took over as CEO from John Mack in January, told the FT that Morgan Stanley should “seriously grow” its business in areas such as equity derivatives and commodities, and could “easily be 25%...
...At least, though, Blankfein can draw some comfort from the fact that Morgan Stanley’s new CEO, James Gorman, who succeeded John Mack, declined a cash bonus and will receive a paltry $8m-plus in restricted...
...The moves are part of a broader reshuffling by chief executive James Gorman, who officially took over from John Mack on Monday....
...Morgan Stanley’s James Gorman, who will succeed John Mack next month as the bank’s chief executive, is close to unveiling management changes that include shifting the bank’s finance chief to co-head its...
...Lloyd Blankfein, CEO of Goldman Sachs, Jamie Dimon of JPMorgan, John Mack of Morgan Stanley and Brian Moynihan of Bank of America maintained a united front as the Commission, headed by Phil Angelides, probed...
...With few exceptions, Mack’s top loyalists will remain in vital, or even bigger, roles....
...But after the roasting Mack and his peers (Goldman Sachs’s Lloyd Blankfein, JPMorgan’s Jamie Dimon and Bank of America’s Brian Moynihan) got in Congress in January, we wonder if Mack is just being mischievous...
...Mack, who will stay on as chairman when he leaves the CEO post in January, will be replaced by James Gorman, the bank’s co-president in charge of global wealth and investment management....
...In case you missed these stories… Morgan Stanley’s Mack gives up on bonus John Mack, Morgan Stanley’s outgoing chief executive, will forgo a bonus for the third straight year as his bank heads for its first...
...are rumblings at Morgan Stanley Japan, which last month appointed two Japanese executives from within the ranks to head its financial group, amid ongoing shuffles triggered by the handover from CEO John Mack...
...- John Mack’s cosy chat with Tim Geithner. - Emissions and economics. - UNG: The effects of contango. - A guide to buying toxic assets. - Citi’s conference call, a transcript....
...Lex: John Mack and Morgan Stanley It is a long time since a banking boss stepped aside other than with an elbow in his face or a dagger in his back....
...- John Mack’s trophy property? - Further, further reading....
...Morgan Stanley’s CEO John Mack said the bank would have been profitable without a $1.5bn accounting charge caused by a rise in the price of its debt....
...- Interesting omissions from John Mack’s new contract. - Neither villains nor masterminds: How CEO compensation got out of hand. - Is Larry Summers the next Gordon Brown? - Stamp arbitrage....
...He also spoke frequently with John Mack, Morgan Stanley chief executive, which was in a far more troubled situation than Goldman, although only 12 times in that Blankfein-filled week....
...Morgan Stanley’s James Gorman may become the likely successor to chief executive officer John Mack by taking charge of the firm’s brokerage joint venture with Citigroup, reports Bloomberg....
...The top executives at Merrill Lynch and Morgan Stanley, led by their chief executives, John Thain and John Mack, will not receive bonuses this year amid growing pressure on Wall Street chiefs to share the...
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