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John Thain

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John Thain's Biography

John Alexander Thain (born May 26, 1955) is an American businessman, investment banker, and currently chairman and CEO of the CIT Group.

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John Thain was formerly head of Merrill Lynch
The board of directors of CIT Group, a provider of financing to small and medium businesses, has selected John Thain, seen here in 2008, to be chairman and chief executive officer of the company.
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John Thain News Stories

  • Bruce Berkowitz Pulls Plug on CIT - Sold Out 16 Million Shares

    News Source: Forbes | 24 days ago
    We track the stock picks & portfolios of the world's best investors...Berkowitz's Fairholme Fund has sold out its second largest holding, CIT Group Inc. ( CIT ) as of March 31, 2013. Because the Fairholme Fund is so highly concentrated and because
  • The Distinction That Makes Jon Corzine Worse Than Wall Street CEOs From The ...

    News Source: BusinessInsider | 1 month ago
    With the announcement that MF Global Trustee (and former FBI chief) Louis J. Freeh will charge Jon Corzine for failing in his duty to oversee the company , the meaning of Jon Corzine shifts once again. Prior to this announcement, I understood the
  • Lessons from Running GM's OnStar

    News Source: Forbes | 3 months ago
    Christensen, the course teaches future leaders how to use well-researched academic theories to understand what happens when managing and growing a business, for better or for worse...A major subsidiary of General Motors, OnStar provides in-vehicle

John Thain Blogs

  • The Edinburgh Reporters' Weekly Sports Round-up : The ...

    Blog Source: www.theedinburghreporter.co.uk | 29 days ago
    Well done to the Edinburgh Monarchs for a fine performance against Berwick Bandits and boxer John Thain for recording his tenth straight win. As expected Tom Daley came out top at the Royal Commonwealth Pool. Sir Chris Hoy MBE ...
  • Barrick Gold turns to Thornton with stock at 20-year low | ...

    Blog Source: business.financialpost.com | 29 days ago
    Thornton and John Thain rose to become co-presidents of the firm under former Chief Executive Officer Henry “Hank” Paulson at the time of Goldman Sachs's 1999 initial public offering and for a few years they were seen as the most likely ...
  • If you're the key executive | Bankers Anonymous

    Blog Source: www.bankers-anonymous.com | 29 days ago
    The firm leadership of Paulson, along with deputy heads John Thain and John Thornton, engineered a coup against Corzine's leadership as a result. Corzine seemingly never saw a risk he didn't try to take, which ultimately proved too much ...

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