Wednesday, June 3, 2020
Top 10 C-Suite Firings, Hirings and Retirings of the Decade
Top 10 C-Suite Firings, Hirings and Retirings of the Decade Top 10 C-Suite Firings, Hirings and Retirings of the Decade 9. The Firing of The Cruz Missile (Morgan Stanley's Zoe Cruz) (Nov '07)Zoe Cruz was once one of the most influential ladies on Wall Street, being prepped by her coach and chief, Morgan Stanley CEO Johnny Mack, to assume control over the firm. That is, until Mack reminded us why he holds the moniker The Knife and called Cruz into his office and canned her, making her take the jump for Morgan Stanley's not exactly heavenly outcomes. The last we knew about the Cruz Missile she had begun her own flexible investments called Voras Capital, named after the uneven district in Greece where she was born.8. Morgan Stanley CEO Philip Purcell Pushed Out By the Group of Eight (Jun '05)Phil turned into the CEO of Morgan Stanley when his past firm, Dean Witter, Discover after Eliot left his post as New York State Attorney General to become senator, he was broadly broken for hanging out and afterward some with whores). Today, obviously, AIG is known as the firm that about squashed the money related f ramework in the U.S., while Hank is caught up with running C.V. Starr and Co., a protection concern.3. Previous Bank One CEO Jamie Dimon Takes Over As President of JPMorgan Chase (July '04)Even however Jamie Blood Dimon formally assumed control over the JPMorgan Chase CEO obligations in January 2006, he had been, generally, running the everyday activities of the tremendous financial firm since his old organization, Bank One, converged with JPMorgan in July 2004. (Unexpectedly, on the off chance that you Google dimon takes over jpmorgan pursue you will get this message: Did you mean: evil presence takes over jpmorgan chase.)2. Goldman Sachs Chief Hank Paulson Hightails It to Washington (May '06)Little did Hank the Hammer Paulson realize that, in May 2006, when he took up previous President George W. Bramble's proposal to serve the nation as Treasury Secretary that he would before long be passing out billions of dollars in money related guide to his amigos at his previous organization just as to scores of different financiers, while managing the Treasury during the most exceedingly awful downturn since cut rye was designed. Hank was prevailing by Timmy Geithner, and now the Hammer is getting a charge out of a calmer life, as an individual at Johns Hopkins University.1. With Hank in D.C., Lloyd the Prophet Blankfein Gets the Nod as Goldman Sachs Next CEO (Apr '06)When Hank went all administration on us, Lloyd was there to refocus, proceeding to accomplish God's work, banking a huge number of dollars for himself and billions more for investors (with that one small blip of tolerating a couple billion in TARP cash and turning into a holding organization). Today, with his firm free from TARP and well go into the dark, Lloyd, a minor 54 years youthful, is ready to run the brilliant firm on Wall Street well into the following decade.
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