Or so alleges country reporter Charlie Gasparino, in his new book (out tomorrow!), When Mooks Fail. According to CG, given that “both of these broads” had “a great pair of legs and an ass just begging for a pinch,” the comparisons were inevitable, but were nevertheless troubling to JT.
The upcoming second-quarter earnings–or, to be more precise, losses–were much higher than expected, around $5 billion. The size of the losses was in direct contradiction to just about everything Thain had said…[and] he saw his career flash before him: there would be comparisons to Alan Schwartz, Dick Fuld, and Erin Callan. He would lose the confidence of the markets, as Bear had done and as Lehman was doing. Like the other firms, Merrill had survived on the fact that it could continue to borrow money from banks and on other investors who believed they were lending money to a company that told the truth.
Thain was becoming unhinged; during a briefing in one of his finely decorated conference rooms that had been part of the $1.2 million office spending spree, people close to the firm said he completely lost his composure when an aide informed him about the size of the losses.
Normally in tense situations like these, when he felt himself losing control, Thain would take 5, strap on a onesie and work out his issues on the mat. Unfortunately, his suit was at the cleaners, and aides had mentioned to him recently that it freaked people out a bit when he would start shadow-boxing out of nowhere in a room full of colleagues.
What Thain did isn’t exactly clear, but Merrill Lynch had to replace a shattered glass panel that appeared to have been the target of the CEO’s anger. (Thain later said he hadn’t broken anything, though through a spokesman he said he wouldn’t deny that the had lost his temper during the meeting.)
She looks like she cries a lot and needs a great deal of comforting with my ascii wang 8=====D
Damn, Bess! Don’t ever do that again!
That fucking picture just made me shit my pants, and I’m in the middle of a Board meeting. Smell’s awful.
KL
tremendous
chazza is making this up. how does a robot lose composure? that would be some great AI programming if it could.
He doesn’t look constipated in that photo.It pays to eat foods rich in fibers.
conch-shell-faced motherfuck.
-ERIN
“conch-shell-faced motherfuck.”
ftw
JT shattered glass by letting out an ear-splitting, high-pitched scream of agony (and decades of pent-up sexual frustration).
Is this book signing going to be tomorrow night as his regular table at San Pietros? I’m gonna go there right now to start the autograph queue.
@8 why would he have pent up sexual frustration? he has a pretty hot wife.
Widd yew like sim liggs with thit chazekyke???
~A, Drury
New South Wales
Austrailiar
“the firm said he completely his composure”
WTF ? Who is spell checking these ?
It messed up the whole punch line, and my dress really tight today, my hairs a mess, and somebody better get me a skinny latte pronto or bitch slap the next lacky that walks by my desk
Just as long as he didn’t lay his dukes in the commode everything’s cool…
Alternate caption: “KL viewed Merrill as an attractive partner…”
John Thain is a shitheel.
I’d hit it.
-KL
JT, there’s always a place for you and your smokin hot bod at SAC.
-sc
@9 Campagnola.
@10 completely missing it.
Roubini’s blond pussys
http://gawker.com/5395179/nouriel-roubini-still-partying-with-hot-chicks-while-the-world-ends/gallery/
@anal_yst- not at campagnola.
Elaine’s?
those legs never get old
goodbye greg!
What does Janet Reno have to do with this story?
@21 Gasparino’s last book party for ‘King of the Club’ was at Elaine’s. A few of his CNBC peers showed up (Erin, Bob, Mellisa, Trish) and then dished on him becuase they actually find working with him really frustrating.
I’d be interested in seeing which CNBC host show up this time. I doubt Faber is there – he hates his reporting ethics and is vocal about it to anyone who will listen.
Whenever I don my “onesie,” the chicks find me even more irresistable than usual.
They cannot resist my God-like physique.
-cg
Thain prefers to be compared to Krawcheck
That pic kinda looks like one of the Noel girls
@Anal_yst and others: neither Campagnola nor Elaine’s. But in Manhattan S of 14th St.
@Perkin’s, Marie’s Crisis?
@30: no, actually, but I’m impressed with your knowledge of Gasparinoniana….