Main focus on management of stock broking companies, investment banks and mutual funds.-----------------------------------------------------------
Compilation by Dr. K.V.S.S. Narayana Rao, Professor, National Institute of Industrial Engineering (NITIE), Mumbai- 400087, India.
Companion blog: www.kvssnrao-smis.blogspot.com
Friday, January 23, 2009
2008 Financial and Economic Crisis - CEOs Affected
John Thain
Joined Merrill Lynch as CEO after the major crisis. Merged the company with Bank of America.
But agreed to leave Merrill after Merrill had a unexpectedly large $15.4 billion fourther quarter loss.
No comments:
Post a Comment