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Loews CEO Tisch Says U.S. Sounded Hotel ‘Death Knell,’ Hurt AIG

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“The criticism that took place of group travel was really a death knell for the industry,” Tisch said yesterday in an interview at an office of the New York-based holding company, which owns hotels. “It’s easy for the politician to get the sound bite. What they are doing with those
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Loews CEO Tisch Says U.S. Sounded Hotel ‘Death Knell,’ Hurt AIG - Bloomberg.com

“The criticism that took place of group travel was really a death knell for the industry,” Tisch said yesterday in an interview at an office of the New York-based holding company, which owns hotels. “It’s easy for the politician to get the sound bite. What they are doing with those sound

AIG Hires Hancock to Oversee Risk, Derivatives Unit (Update3) - Bloomberg.com

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Hancock spent 20 years at a predecessor to JPMorgan Chase & Co., where he established the derivatives group and served as chief financial officer, New York-based AIG said in a statement today. Hancock, who most recently was vice chairman at KeyCorp responsible for national banking, will report to
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AIG Hires Hancock to Oversee Risk, Derivatives Unit (Update2) - Bloomberg.com

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Hancock spent 20 years at a predecessor to JPMorgan Chase & Co., where he established the derivatives group and served as chief financial officer, New York-based AIG said in a statement today. Hancock, who most recently was vice chairman at KeyCorp responsible for national banking, will report to
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City Telecom to Celebrate 10 Years on NASDAQ

"Without the support of global investors , City Telecom would not be here today. Over the past ten years, with support from NASDAQ investors, we have accomplished great things. Going forward, we will continue to sow the seeds of growth for the years to come," said William Yeung, CEO. As

CIT Names Ex-Merrill Chief John Thain to Run Lender (Update3) - Bloomberg.com

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Thain, 54, becomes chairman and chief executive officer immediately, New York-based CIT said yesterday in a statement. The century-old firm had been led by Jeffrey Peek , another former Merrill Lynch executive, from July 2004 until Jan. 15, when Peek stepped down and board member Peter
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CIT Names Ex-Merrill Chief John Thain to Run Lender (Update2) - Bloomberg.com

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Thain, 54, becomes chairman and chief executive officer immediately, New York-based CIT said yesterday in a statement. The century-old lender had been led by Jeffrey Peek , another former Merrill Lynch executive, from July 2004 until Jan. 15, when Peek stepped down and board member Peter
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CIT Names Ex-Merrill Chief John Thain to Run Lender (Update1) - Bloomberg.com

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Thain, 54, becomes chairman and chief executive officer immediately, New York-based CIT said yesterday in a statement. The century-old lender had been led by Jeffrey Peek , another former Merrill Lynch executive, from July 2004 until Jan. 15, when Peek stepped down and board member Peter
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AdBri"s Poulter named new Boral CFO

AAP Mr Poulter will finalise Adelaide Brighton's financial report for the year to December 31 before joining Boral on May 1. He replaces Ken Barton, who is to become Crown Ltd's chief financial officer in March. Adelaide Brighton general manager of strategy and business development

CIT Taps Ex-Merrill Chief John Thain to Run 102-Year-Old Lender

Feb. 8 (Bloomberg) -- John Thain , the ousted chief of Merrill Lynch & Co., was named to lead CIT Group Inc. , the commercial lender that emerged from bankruptcy in December, after almost a four-month search for a replacement. Thain, 54, becomes chairman and chief executive officer