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John Thain

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  1. CIT Group Expands And Lowers Cost Of Capital


    Wed, 30 Jul 2014

    that have recently been in the news. The company's CEO John Thain has helped steer the company from a bitter period of bankruptcy ..... enough to keep it out of bankruptcy. Thain's Leadership John Thain came to CIT with a deep background. Thain headed the mortgage

  2. UPDATE 3-CIT to buy OneWest Bank for more reliable funding source


    Tue, 22 Jul 2014

    * No significant likelihood of another bank deal - CEO John Thain

  3. CIT Group's (CIT) CEO John Thain on Q2 2014 Results - Earnings Call Transcript


    Tue, 22 Jul 2014

    NYSE: CIT ) Q2 2014 Earnings Conference Call July 22, 2014 08:00 AM ET Executives Barbara Callahan - Head of IR and SVP John Thain - Chairman and CEO Scott Parker - CFO, CAO and EVP Analysts Sameer Gokhale - Janney Capital Eric Edmund Wasserstrom - SunTrust

  4. A ‘Sigh of Relief’ at Davos: Confidence and Caution Shared Center Stage


    Wed, 30 Jan 2013

    strolled together through a crowded reception, the crowd literally parted. But in 2008, I had also witnessed Merrill Lynch CEO John Thain warn of dark days ahead, and in 2009, I heard angry recriminations in the wake of the financial crisis and the failures

  5. New life for Simpson Bowles?


    Mon, 1 Oct 2012

    like a quick appointment will be important because of the needed "cliff" negotiations. Dick, I'm sure you'll be delighted to learn that your friend John Thain is on the Republican short list. But would he be a good negotiator? DrH

  6. CIT earnings beat expectations, shares rise


    Tue, 31 Jan 2012

    (Reuters) - CIT Group Inc , the business lender led by former Merrill Lynch Chief Executive John Thain , said fourth-quarter net income fell 59 percent, but a decline in problem loans and borrowing...

  7. CIT will soon take deposits by Internet: CEO


    Wed, 14 Sep 2011

    (Reuters) - CIT Group Inc will begin taking bank deposits over the Internet within the "next month or two," Chief Executive John Thain said on Wednesday.

  8. CIT Group CEO Thain buys company's battered stock


    Wed, 24 Aug 2011

    NEW YORK (Reuters) - CIT Group Chief Executive John Thain made his first-ever market purchases of the company's battered stock on Tuesday, spending $1.19 million and boosting his personal holdings...

  9. CIT Group Q1 profit falls 55 percent


    Wed, 27 Apr 2011

    NEW YORK (Reuters) - CIT Group Inc , the business lender run by former Merrill Lynch Chief Executive John Thain , said first-quarter profit fell 55 percent, hurt by charges linked to buying back debt.

  10. John Thain Admits He Didn't Understand Merrill's Risks


    Thu, 8 Oct 2009

    didn't understand what they were doing , John Thain said in a recent speech . " To model ..... first earnings conference call on which John Thain sat . One of the things that impressed ..... of sensitivity there on the impact ? John Thain : The problem is , as you know , that

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