• CEOs, James Dimon, JPMorganChase

    How Jamie Dimon Got JP Morgan Chase Out Of Subprime

    Everyone now knows that Jamie Dimon is the king of Wall Street. Girls at hedge funds have crushes on him. He’s been on the cover of New York magazine, towering over the city. They’re calling him “King James.” For the most part, the ascendency of Dimon has been due to the fact that JP Morgan […]

    / Sep 2, 2008 at 1:20 PM
  • CEOs

    The Revolt Against “Imperial CEOs”
    Will The New Boss Be The Same As The Old Boss?

    Gary Wilson, the chairman of Northwest Airlines, has penned a plea for the end of the “Imperial CEO,” the chief executive who also serves as the chairman of the board. Because of Wilson’s respected position as a board member of Yahoo and, until recently, Walt Disney, his article has the potential to be very influential. […]

    / Jul 10, 2008 at 9:43 AM
  • CEOs

    Merrill Lynch Boss Man Top Paid CEO On Wall Street

    Last year, Merrill Lynch’s John Thain was the highest paid chief executive at a public company in the North East corridor stretching from Washington DC to Boston, according to the Associated Press. Thain took over as CEO and chairman of Merrill in December, after record-breaking losses forced Stan O’Neal out of the corner office. According […]

    / Jun 27, 2008 at 1:50 PM
  • CEOs, politics

    Is The GOP The Anti-CEO Party?

    Is John McCain trying to make headway with the activist investor community? Activists have been among have been among the vocal critics of lavish executive pay packages at public companies, and most of the biggest names among the activists favor Democrats in this election. (Carl Icahn, who said Barack Obama would be a terrible president, […]

    / Jun 10, 2008 at 1:05 PM
  • CEOs, CFOs

    Wall Street Bucks National Trend Of Rising CFOs

    Nearly one-fifth of US chief executive officers in 2005 were formerly chief financial officers, a doubling of the percentage from the prior decade. The Economist explains the changing make-up of CEOS–more women, shorter tenures–but it leads with the rise of the financial professional, which seems to be caused largely by regulatory changes such as Sarbanes-Oxley […]

    / Jun 3, 2008 at 1:10 PM
  • CEOs, Wachovia

    Lanty Smith Writes To Wachovia’s Employees: All Your Functions Report To Me

    We can’t get enough of the downfall of Ken Thompson, the as-of-this-morning former chief executive of Wachovia. Thompson hoped to preside over the growth of the bank into a universal banking powerhouse. Instead, he nearly ran it into the ground. This morning Lanty Smith, the chairman of the company, also took over as interim CEO. […]

    / Jun 2, 2008 at 3:58 PM
  • CEOs, Wachovia

    What Will Become Of Wachovia’s Ken Thompson?

    This morning Wachovia shocked everyone by unceremoniously firing Ken Thompson, the ambitious corporate leader who wanted to make Wachovia into a domestic version of Citigroup. He might wonder if he succeeded too well, now that he has met the same fate of Citigroup’s one-time head, Chuck Prince. So what will Thompson do now that he’s […]

    / Jun 2, 2008 at 2:52 PM
  • CEOs, politics

    Wall Street Chiefs Divided On Election

    Wall Street’s chiefs are divided on the presidential election, according to DealScape. The Federal Election Commission’s records show that Hillary Clinton received campaign donations from JP Morgan Chase chief Jamie Dimon, Morgan Stanley chief John Mack and Goldman Sachs chief Lloyd Blankfein. John McCain received support from Merrill Lynch’s John Thain. Dick Fuld of Lehman […]

    / May 29, 2008 at 8:55 AM
  • CEOs, Lloyd Blankfein

    Do I Look Like I’m Negotiating?

    First off, in case any of you were unaware, our stance regarding “say on pay” is that no CEO should ever allow him or herself to be roped into such a demeaning situation. You might as well work on commission. We don’t even think anyone should entertain a discussion on the matter. The board either […]

    / Apr 11, 2008 at 1:14 PM
  • CEOs, Executive Pay

    Caption Contest Monday: “Don’t Be Fooled By The Crackers Up Here, This Is All About Keeping The Black/Orange Man Down”

    Best entry wins one of the free SAC sandwiches. A Brighter Spotlight, Yet the Pay Rises [NYT]

    / Apr 7, 2008 at 2:23 PM
  • CEOs

    How To Think About Vernon Jordan Asking For Free Access To The Olsen Twins

    There’s an outrageous article in Crain’s today about executive perks. Apparently senior management at some banks get to fly on the corporate jet. Others have their country club tabs picked up by the company. A few—VERNON JORDAN, LAZARD LTD, SHAME HIM IN THE STREETS—even get their apartments paid for, at up to $24,000 a month. […]

    / Mar 31, 2008 at 11:27 AM
  • CEOs

    We Did Not See This Coming

    Including $45.76 million in vested stock, Lloyd Blankfein “earned” $100 million in 2007, which the Goldman CEO tells DealBreaker he’ll be putting toward the Bowflex machine he needs in order to train for his upcoming fight with Lou Dobbs. Other senior executives at firm also got paid a decent amount. Meanwhile, fellow 941 Park Avenue […]

    / Mar 7, 2008 at 4:28 PM
  • Banks, CEOs

    Four Little Wall Street Elves

    Unsurprisingly, only one of these little elves is smiling.

    / Dec 10, 2007 at 8:39 AM
  • CEOs

    (Seemingly) Great News For Slacker CEOs And People Who Are Embarrassed By How Much They Suck At Golf

    Starting January 1, the U.S. Golf Association’s Golf Handicap Information Network will stop displaying complete scoring records, course locations and dates of rounds played for public consumption and ridicule. Unfortunately, they didn’t take into account the HUGE following Dealbreaker has among caddies, who’ve already promised to take and pass on copious notes regarding who routinely […]

    / Dec 5, 2007 at 11:42 AM
  • CEOs

    Trendspotting: Alarming Number Of C.E.O.’s Not Making Plans For Who Will Get Their Office When They Get Fired

    The Wall Street Journal‘s Carol Hymowitz reports this morning that today’s CEOs are devoting far too much time to actually failing at their jobs and not enough to determining who will get to be CEO next when those failures are made public, and they get canned. According to Hymowitz, “Chief execs are too busy focussing […]

    / Nov 26, 2007 at 12:10 PM
  • CEO, CEOs, John Thain, Merrill Lynch

    Merrill Lynch Makes It Official

    And we’re back to Thain already. Not that there was any doubt but it’s now official. Here’s the Merrill Lynch press release announcing that Thain takes the helm on December 1st. “Merrill Lynch & Co., Inc. (NYSE: MER) today announced that John A. Thain, chief executive officer, director and member of Management Committee of NYSE […]

    / Nov 14, 2007 at 4:29 PM
  • CEOs, Executive Pay, Executive Retirement

    When Losing Money Is A Crime…CEOs Will Be Paid Even More

    Let’s take a bit of a breather from the news about John Thain and Merrill Lynch. (We’ll come back to that momentarily, no doubt.) In all the excitement, we almost overlooked an important column by the Wall Street Journal’s Holman Jenkins. In today’s Journal, Jenkins urges some sobriety in the face of losses at Wall […]

    / Nov 14, 2007 at 4:23 PM
  • CEOs

    Must Haves for a CEO: Haute Couture for the honeys – Pimped out rides for the homeboys

    Whoever said sexism isn’t alive and well in America has been asleep behind the wheel or living under a rock for, well, forever. Now, before you get all PC on us, save your breath. The glass ceiling here at Dealbreaker is not only buttressed by myself and Bess Levin – but John Carney smiles down […]

    / Sep 28, 2007 at 1:42 PM
  • CEOs

    Henry Nicholas: Drugs and Hookers Story Keeps Getting Worse

    We first heard about the alleged hookers and drugs adventures of former Broadcom chief executive Henry Nicholas while we were live on Squawk Box. “Have you heard about the Broadcom story,” Becky Quick asked as we sat down and got mic’d in. “You’re going to like this.” The story was so incredible—allegations of forced drug […]

    / Jul 19, 2007 at 12:37 PM
  • CEOs

    Deals on the Green

    Carl Icahn, Hank Greenberg and the New York Times all took shots at Wall Street’s love of golf this summer, but as Lloyd Blankfein’s drives will always gravitate toward the water hazard, so too will CEOs always land at the tee, a new book asserts. In “Deal on the Green,” David Rynecki defends the links […]

    / Jul 11, 2007 at 2:21 PM
  • CEOs, Goldman Sachs, Lehman, Merrill Lynch, Morgan Stanley

    When Executives Hit the Links: Does Golf Affect Stock Prices?

    When the indoor putting green became a necessary accoutrement to the chief executive office, everyone assumed that the “golf or work?” conundrum had been answered with a resounding “both.” But, as the Times reported recently, there is no tenable substitute for well-manicured sand traps and tree-lined fairways, even when your hedge funds are collapsing. Yesterday, […]

    / Jul 9, 2007 at 2:47 PM
  • CEOs

    Krazy KEOs: Show Me Fireworks

    [click to enlarge]

    / Jul 2, 2007 at 3:32 PM
  • CEOs

    Lloyd Blankfein Has No Idea What It’s Like To Be A First-Year Analyst

    Have you ever thought your boss’s boss’s boss an incompetent jerk, completely out of touch with reality and only in touch with his bloated compensation package and secretary’s ass? Would you like him to walk a mile in your shoes? Perhaps you ought to suggest to someone that the ogre who signs your checks should […]

    / Jun 25, 2007 at 12:24 PM
  • CEOs

    Krazy KEOs: Fast Women And Stern Bears

    [click to enlarge]

    / Jun 22, 2007 at 2:39 PM
  • CEOs, Work/Life Balance

    CEOs are sometimes just daddies without the misogynistic saccharine component

    If your father is a CEO, here’s a gift idea that transcends a bad mug/tie/card/12 pack of golf balls (you should be mailing that today if you haven’t by the way). Believe it or not, aside from the golden (but literal) showers of lavish wealth, CEOs are crappy fathers, which is what prompted Tom Stern, […]

    / Jun 14, 2007 at 2:16 PM
  • CEOs, Companies, Overstock, Patrick Byrne

    Chief Audit Director Jumps Ship From Overstock

    Against all odds, the story of Overstock continues to get worse. The company has been a laughing stock to almost anyone who can be bothered to think about it anymore. It’s the focus of an SEC investigation. It is run by a chief executive whose name—Patrick Byrne—long ago became synonymous with wacky conspiracy theories. It […]

    / May 29, 2007 at 1:10 PM
  • CEOs

    Sending A Warning To Lloyd, Mack and Dimon: Shape Up or Ship Out

    Are you a CEO (who found his/her way over here from SuperMogul)? If so, drop the blow, dead hooker and, for those of you driving, the bottle of Jack. Your shareholders may try and use these things against you! CNBC reports that—in addition to employees, research analysts, and Kamikaze pilots—turnover among chief execs is […]

    / May 22, 2007 at 4:43 PM
  • Banks, CEO, CEOs, Citi, Citicorp, Citigroup, Eddie Lampert, Hedge Funds

    Is Rubin Up For Citigroup’s Top Slot?

    Eddie Lampert may be betting that former US Treasury Secretary Robert Rubin is poised to take over as chief of Citigroup, according to a former colleague of both Lampert and Rubin. Earlier this week, Lampert’s ESL Investments disclosed that it had accumulated a 0.3% stake in Citi, setting off speculation about Lampert’s intentions. Speculation ranged […]

    / May 17, 2007 at 2:31 PM

Our Sites

  • Above the Law
  • How Appealing
  • ATL Redline
  • Breaking Defense
  • Breaking Energy
  • Breaking Gov
  • Dealbreaker
  • Fashonista