| NYSE CEO Thain to lead Merrill Lynch |
| BS Reporter / Mumbai November 15, 2007 |
| John A. Thain, chief executive officer of New York Stock Exchange (NYSE), has been named the chairman and CEO of Merrill Lynch. Thain had risen to co-president of Goldman Sachs but left for the stock exchange in 2004. According to a report on the website of The New York Times, repairing the reputation of Merrill, one of the biggest casualties of the recent turmoil in the financial markets, will test the financial and political mettle of Thain. Merrill |
