John Thain

                   

The Merrill Deal Doesn't Look Too Hot Now

hereisthecity.com
16-Nov-2008
        

The 'American Banker' may have been a little hasty in awarding Bank of America CEO Ken Lewis its 2008 'Banker of the Year' Award. Some say that getting $45bn for Merrill Lynch in this environment truly qualifies Merrill CEO...

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Commentary: TARP trap - Middle East Times

newsvine.com
16-Nov-2008
        

Some of the Wall Street barons believe the current crisis is yet to wreak worldwide havoc -- and they see that coming next. John Thain, chairman and CEO of Merrill Lynch, warned that the global economy is entering a slowdown of...

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Commentary: TARP trap

freerepublic.com
15-Nov-2008
        

More than 10 million people are jobless in America, an increase of almost 3 million in 2008. Unemployment is expected to reach 8 percent by year's end. One of the great symbols of American power in peace and war -- General...

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Wall Street fluctuates as investors cash in gains from big rally, refocus on economy

newsday.com
14-Nov-2008 21 related
        

NEW YORK (AP) _ Wall Street fluctuated in a choppy session Friday as investors absorbed another wave of downbeat economic news and took little solace from hints that an additional interest rate cut might be possible.

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[$$] BofA's Merrill Deal No Longer So Sweet (at The Wall Street Journal Online)

yahoo.com
14-Nov-2008
        

As capital markets crumble, John Thain's decision to sell Merrill Lynch to Bank of America looks more impressive by the day. However, one key figure may have more mixed feelings about the deal -- BofA's chief executive, Kenneth...

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Naomi Klein: The Wall Street bailout looks a lot like Iraq

indybay.org
14-Nov-2008 308 related
        

Obama's New Deal is just a bailout of the Corporate Elite??? The New Trough The Wall Street bailout looks a lot like Iraq — a "free-fraud zone" where private contractors cash in on the mess they helped create Editor's note: The...

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UPDATE 1-Bank of America names sr. banking business heads

reuters.com
13-Nov-2008 6 related
        

NEW YORK, Nov 13 (Reuters) - Bank of America Corp (BAC.N: ) named senior business heads for its corporate, commercial and investment banking operations on Thursday, effective after it completes its acquisition of Merrill Lynch...

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The Black Swan That Drove Us Into a Cave

asiancemagazine.com
13-Nov-2008
        

I have to tell you, I’ve been tossing around ways to describe the last month in financial markets all evening. And here’s what I’m going to settle on: if September wasn’t enough, someone had to add October. read more

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Deals of the Day: Detroit Automakers Get Bailout Money (at The Wall Street Journal Online)

yahoo.com
12-Nov-2008 7 related
        

By Stephen Grocer and Heidi N. Moore Deals of the Day gathers all the biggest news of the morning related to mergers and acquisitions, bankruptcies, financing and private equity. Today in the Bailout You’re next, Detroit:...

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Marketers strive for value (at Fortune)

yahoo.com
12-Nov-2008
        

As Merrill Lynch CEO John Thain compares this economic crisis to the one that triggered the Great Depression (Look back to the 1929 period to see the kind of slowdown were experiencing now, the man who sold his firm to Bank of...

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