Our fourth quarter results reflect the extraordinarily difficult business environment in which Goldman Sachs operated this Fall.
"John Alexander Thain" is an American businessman, investment banker, and currently chairman and CEO of the CIT Group.
Thain was the last chairman and chief executive officer of Merrill Lynch before its merger with Bank of America. He was designated to become president of global banking, securities, and wealth management at the newly combined company, but resigned on January 22, 2009. Ken Lewis (executive)/Ken Lewis, CEO of Bank of America, reportedly forced Thain to step down after several controversies, such as the losses at Merrill Lynch which proved to be far larger than previously estimated, and the award of huge executive bonuses.
Thain has been nicknamed "Superman", due to his facial resemblance to the character's alter-ego Clark Kent.
More John Thain on Wikipedia.We are looking at the hours that the exchange opens, among other things we are looking at, and we haven't decided anything specific. There is absolutely nothing new in this.
Individuals will be charged in this matter.
I think there needs to be more consolidation in the U.S. marketplace, and we will be a public company with a public currency and a big marketplace.
We're very pleased and excited to have her on board and think it's a great hire and it's a great opportunity for the exchange.
Pleased with the resolution of this litigation, which allows our members to vote as planned on the proposed merger on Dec. 6.
Our trading and underwriting business were down from record first-half levels in an increasingly difficult environment.
To ensure the most liquid exchange, that may [mean] more electronic trading, but that remains to be seen.
Along with most other participants in the financial-services sector, certain key businesses were negatively impacted by the turmoil in the global financial markets, including, in particular, our credit and relative trading activities.
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