-
Another Wall Street Retread Rehired
NEW YORK (AP) — John Thain is getting a second chance.
CIT Group Inc. tapped the former Merrill Lynch CEO to become its chairman and chief executive.
Thain brokered Merrill’s sale to Bank of America as the credit crisis peaked in the fall of 2008, but was then pushed out the door after the deal closed as [...]
Click here to read the entire article...
PROGRESSIVE WIRE
