Thain’s period was short, even when. Months after Merrill’s https://paydayloanslouisiana.net/cities/abbeville/ product sales so you’re able to BofA finalized into , he retired away from not as much as an affect, upended because of the revelations out-of a million-dollar workplace repair, in addition to massive amounts given out into the eleventh-time bonuses so you’re able to Merrill employees. As well, Merrill’s losings toward next one-fourth away from 2008 had come in notably greater than asked.
In the event Thain’s profile took a pounding, he been able to recover. CIT hired your given that President this current year. History fall, the guy joined Uber’s board after the departure of creator and you will President Travis Kalanick.
Richard “Dick” Fuld
Just after nicknamed “the new gorilla away from Wall structure Highway,” former Lehman Brothers Chief executive officer Knob Fuld ended up being the brand new longest-tenured leader to your Wall structure Road in the event the crisis struck. Under Fuld’s leaders, Lehman turned one of the first Wall structure Road companies so you’re able to wade towards the subprime financial company. Continue reading “Ahead of going off within the 2016, he came back the organization to profitability and designed the acquisition of OneWest Financial”