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John Thain: BACK IN THE GAME

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On the mat, in the locker-room, whatever. The point is, talks are being had, the gigs are being considered, the onesie is dry-cleaned and ready. For this moment.

John Thain, who was Merrill Lynch & Co.'s chief executive officer before being ousted a year ago, has held talks to become the head of CIT Group Inc., the commercial lender that emerged from bankruptcy last month, according to people familiar with the matter

In addition to CIT, Thain is considering jobs at private equity firms, according to one person familiar with the matter. Thain has held talks to join Stone Point Capital LLC, whose chairman is former Goldman Sachs Co-Chairman Stephen Friedman, according to people familiar with the matter.

If CIT or Stone Point or anyone else considering making JT an offer is reading, please know this: you don't have to worry about another embarrassing situation with regard to interior design. JT swears. All bad habits, gone. In fact, he doesn't even need a desk or chair. All he requires is a mat. He's hungry, and ready to work. Thank you for this opportunity.
Thain, Ex-Merrill Lynch CEO, Said to Be in Talks to Run CIT [Bloomberg]

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