John Mack

  • 11 Feb 2014 at 2:23 PM

Make John Mack’s Day: Give Jamie and Lloyd A Break

In an interview on Bloomberg TV, John J. Mack, the former chairman and chief executive of Morgan Stanley, called for an end to the harsh words that have been hurled at Mr. Dimon and Lloyd C. Blankfein, Goldman Sachs’s chief executive, over their pay…He said he would love to see people “stop beating up on Lloyd and Jamie.” He added: “I think that would make a lot of sense, and I’m in favor of that.” [Dealbook] Read more »

  • 12 Jun 2013 at 3:09 PM

John Mack Keeping Himself Busy

And without even going Al Bundy on us. Read more »

  • 20 Feb 2013 at 5:26 PM

Sleep Where John Mack Hath Slept


Curbed reports the former Morgan Stanley CEO has put his Upper East Side manse on the market. For $22.5 million you’ll get 4 bedrooms, a solarium, and a strange desire to tell Tim Geithner to go fuck himself. [Curbed]

Earlier today, KKR announced that former Morgan Stanley Chairman and CEO John Mack will be joining the private equity firm as a senior adviser, “supporting new investing activities and providing counsel to KKR portfolio companies.” Including the new gig, Mack is now working three jobs, the others being “part-time adviser” to Morgan Stanley and author (as previously noted, he’s working on a book). And while it’s nice to see him keeping busy, you know what these little diversions don’t leave a lot of time for? Manning up and going after his dream. Read more »

Specifically, her rights to Perrier on the company dime. It’s unclear what this woman’s name is so moving forward she’ll simply be referred to as The One With Brass Balls And An Allergy To Tap. Read more »

…it was an after-party for Mack that now has both current and future Morgan Stanley executives fuming. That party, according to people who were invited, took place at the swanky Temple of Dendur in the Metropolitan Museum of Art in Manhattan. The Temple features ancient Egyptian art and artifacts, where people with big bucks can sip wine and munch on expensive hors d’oeuvres as if they were hanging with Cleopatra…But what has some Morgan executives, both past and present, angered is the cost for the Temple bash and that Morgan appears to have picked up the tab, according to people close to the firm. To be sure, the price of renting a room at the Temple isn’t cheap. Corporations that become “patrons” of the Met pay an up-front fee of $60,000, which allows them to rent the Temple once a year and then pay an additional $38,000 to hold a two-hour reception. “Take a look at the stock price and tell me why they should be spending company money on this crap,” one former senior executive told FOX Business. [FBN]

As you may have heard, yesterday afternoon, Morgan Stanley held a little good-bye party for John Mack, who will step down as chairman at the end of the year. What are Mack’s plans for the retirement phase of his life? Will he sail around the world? Restore old cars? Work on his golf game? Take up fly fishing? Move back down to his native North Carolina? Teach a course on business at his alma mater, Duke University? While those would all be admirable pursuits, it’s not likely Mack will have the time for them. Because John Mack, you see, has his sights set on something bigger. The realization of a dream, if you will. The dream of selling women’s shoes. Read more »