Eric J. Gleacher, a veteran deal maker who participated in the fight over RJR Nabisco, said on Tuesday that he would leave the investment bank he founded about 23 years ago.
The departure of Mr. Gleacher as chairman comes months after his struggling firm hired Credit Suisse to explore a sale.
Would-Be Locust Exterminator To Lose German Election
We have good news for those of you who do business with/in the Bundesrepublik: Angela Merkel is going to be re-elected.
Even When Bill Ackman Loses, He Makes A 77-Fold Return
With his attentions now focused elsewhere, Bill Ackman has no time to make three-hour presentations about why Canadian mall owner General Growth Properties should be sold, post-haste. Also: The company he wanted to buy GGP* didn't want it anymore. So he's picking up his toys and going home.
Opening Bell: Greek FinMin Says He'd Rather Lose An Appendage Than Agree To Austerity
He also said he'd cut it off himself, which seems more intense than having someone else do it for you. (Reader poll?)