who knows

  • 24 Sep 2012 at 5:11 PM

John Thain Is Ready For His Next Challenge

After he was unceremoniously fired from his post at the newly formed Bank of America Merrill Lynch, for reasons that included paying out big bonuses to ML executives and decorating his office with $1,500 garbage cans, John Thain understood that he would have to recede from the limelight for a bit. Take a job at a smaller firm and keep his head down for a while. Spend more time with his honeybees. Get back to his fighting weight. Drink a raw egg for breakfast every day. Run up and down the stairs of the Met. Work in a hideously decorated space, no matter how much it hurt.  Win some awards. Get his confidence back. Let people miss him. Well, Thain did all that. And now? He’s ready for you to make him an offer. Read more »

New mortgage concepts they’ve dreamed up? Yes another “classic example of how badly the people who are supposed to understand banking do not have a clue as to how it works. They love to pass laws and new regulations but they do not care nor do they understand what these regulations will do. Then they get frustrated when the simplistic monetar theories they put in place do not work. Classic!!! Pathetic!!!” Read more »

  • 20 Apr 2010 at 10:45 AM

Michael Douglas Is Ready For The SEC To Wake Up

The noted investor has finally– finally!– weighed in on the Goldman charges. Read more »