FORMER MERRILL LYNCH CEO JOHN THAIN: The Financial Crisis Can 'Absolutely'...
Former Merrill Lynch CEO John Thain, who now runs CIT Group, told Bloomberg TV's Erik Schatzker and Sara Eisen on "Market Makers" that a financial crisis like 2008 could "absolutely" happen again. "If...
View ArticleFive Years Out, Wall Street's Financial Crisis CEOs Can't Decide If We're...
Five years on, some of the financial crisis' most familiar characters are chirping in on the likelihood of another meltdown.Last week Morgan Stanley CEO James Gorman went on the Charlie Rose show and...
View ArticleGEITHNER: The Merrill Lynch CEO Didn't Know The Name Of His Chief Risk...
Former U.S. Secretary of the Treasury Timothy Geithner has a funny anecdote on page 166 of his new book, "Stress Test," about then-Merrill Lynch CEO John Thain. Bloomberg View's Matt Levine pointed it...
View ArticleTwo Famous Faces From The Financial Crisis Executed A Deal Today That...
John Thain was CEO of Merrill Lynch in 2008 as it crumbled and sold itself to Bank of America.Meanwhile, John Paulson was shorting mortgages and becoming a billionaire as the housing market...
View ArticleMeet The Tycoons Who Live At 740 Park Ave., New York's Billionaire Hive
740 Park Avenue is a legendary address, at one time considered (and still thought to be by some) the most luxurious and powerful residential building in New York City.The co-op, on the corner of 71st...
View ArticleOne of the most famous faces of the financial crisis is retiring (CIT, BAC)
John Thain is calling it quits. Thain, who was CEO of Merrill Lynch when the investment bank was sold to Bank of America at the height of the financial crisis, is retiring from his CEO role at CIT...
View Article