(Bloomberg) — John Thain, the ousted chief of Merrill Lynch & Co., was named to lead CIT Group Inc., the commercial lender that emerged from bankruptcy in December, after a nearly four-month search for a replacement.Thain, 54, becomes chairman and chief executive officer immediately, New York-based CIT said today in a statement.
Posts Tagged ‘Kenneth D Lewis’
Merrill’s Ex-CEO Will Lead CIT
February 8th, 2010 
Before You Invest 
Posted in Finance Fraud 
Tags: Aircraft Financing, Bank Of America, Bank Of America Corp, Cit Group, Cit Group Inc, Goldman Sachs, Goldman Sachs Group, Goldman Sachs Group Inc, Interim Ceo, Jeffrey Peek, Kenneth D Lewis, Merrill Lynch, New York Stock, New York Stock Exchange, Nyse Euronext, Peter Tobin, Railcar Leasing, Sachs Group Inc, Wall Street History, York Stock Exchange 
Comments OffB of A Sued Over Merrill Lynch Purchase
February 5th, 2009 Before You Invest Bank of America Corp., the largest U.S. lender by assets, was sued last week by investors who claim they were misled in a deal to buy Merrill Lynch & Co., the New York Times reported.Shareholders allege Bank of America Chief Executive Officer Kenneth D. Lewis, Chief Financial Officer Joe L.
Posted in Finance Fraud Tags: Bank Of America, Bank Of America Corp, Bofa, Ceo John, Chief Executive Officer, Chief Financial Officer, Court Documents, Fairness, Financial Health, John Thain, Kenneth D Lewis, Merger, Merrill Lynch, Merrill Lynch Co, Misleading Statements, New York Times, Officer Joe, Proper Due Diligence, Shareholders, Stock Swap No Comments »Thain Resigns After BofA Learns That Merrill Paid Bonuses Early
January 25th, 2009 Before You Invest His Wall Street pedigree seems impeccable. A top job at Goldman Sachs. The chief of the New York Stock Exchange. Finally, the reins of the stock market’s “thundering herd,” Merrill Lynch.But in less than 15 minutes on Thursday, the charmed career of John A. Thain was derailed.
Posted in Finance Fraud Tags: Bank Of America, Bofa, Brokerage Firm, Chief Executive, Daring Gamble, Financial Lifeline, Goldman Sachs, John A Thain, Kenneth D Lewis, Merrill Lynch, New York Stock, New York Stock Exchange, Pedigree, Reins, Stock Market, Thundering Herd, Top Job, Uncertain Future, Wall Street, York Stock Exchange No Comments »
