Word: jobbed
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...Monday, John Thain, who was Merrill's chief executive when the firm sold to BofA, got the top job at troubled lender CIT. Thain said he was interested in the opportunity to revitalize the small-business lender. "CIT can and will serve an important role in the recovery of the U.S. economy and the creation of jobs," Thain told reporters...
...Citigroup, Eugene McQuade is running the bank's North American retail-banking operations. McQuade was formerly the head of Merrill's banking operations - a considerably smaller job than the one he has at Citi. Investment banks Jefferies and recent upstart Moelis & Co. have also picked up former top Merrill Lynch bankers. (See the top 10 financial collapses...
Ironically, despite their being at a firm that needed a lifeline at the height of the financial crisis, many former Merrill Lynch executives have ended up in what most of us would consider to be lucrative jobs. Last June, top Merrill Lynch investment banker George Young was hired by Lazard to be a vice chairman of its U.S. investment bank. Lazard paid its employees an average of $505,000 in 2009, slightly more than Goldman Sachs. Young, most likely, got considerably more. Thain, for his new job, will be getting an annual salary of $6 million, of which...
...Girl joke back and forth while hanging from the two ladders, adding a little bit of tension to a scene that otherwise could have felt stale. The ladders, in particular, not only hold symbolic value in the context of the themes of the play, but also do a good job of unifying the theatrical playground...
Lyman and Strachan’s performances are less compelling. Benjamin has a youthful excitement from the outset that lacks any of the weariness that his character claims to experience after the eight years he’s spent at a dead-end job. There’s simply a disconnect between his delivery and the problems Benjamin professes to have...