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NYSE CEO walks to Merrill Lynch

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John Thain, who led NYSE Euronext for four-years, is leaving his job to take over the top spot at Merrill Lynch. His experience, which includes an executive position at Goldman Sachs, will come in handy, many analysts said. Thain now has to put the pieces back together after bad bets prompted Merrill Lynch to announce the biggest quarterly loss in its history.

Channel: News & Politics
Uploaded: November 14, 2007 at 11:21 pm
Author: ReutersVideo

Length: 01:58
Rating: 4.50
Views: 6102

Tags: Euronext  financial  John  Lynch  Merrill  news  NYSE  Reuters  Thain  

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Video Comments

TreeMan7777 (July 9, 2008 at 3:33 am)
Go SHORT MER. They are now considering selling the 20% stake in Bloomberg, possibly the Blackrock stake (need Blackrock approval on that). Not good. Still firing people (another 5000 in addition to the 4000 in March and still can't pay bonuses for 2009 . Thanks again Stan and team. Great job.
mogilny89p (July 4, 2008 at 1:31 pm)
95 to 31 in one year good job assholes, Happy fourth! Good bye. Good riddance.
TreeMan7777 (February 9, 2008 at 4:22 am)
Thanks Stan you asshole. Now let's get the party rolling. Ahmass Fahkahanny get ur fat lasy risk ass out and that stupid conceited Diane Schueneman constipated bitch. You F'd this place up good and it's going to take YEARS to get it back to where it was.

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