John Thain
John Thain
John Alexander Thainis an American businessman, investment banker, and former chairman and CEO of the CIT Group...
deal globally gratified move support
I'm very, very gratified by the support of the members. The deal does move us into a globally competitive position.
ability best certainty customers degree far high largest liquid percent price quickly trade
The NYSE is by far the largest market, it is the most liquid market, we have the best price 93 percent of the time, but one of the things we're not is the fastest. And some of the big institutional customers have said they want the ability to trade quickly and with a high degree of certainty and we're going to give them the ability to do that,
amy business drive financial grateful helped improve invaluable led pricing reinvent systems work
Amy led the drive to improve efficiencies, modernized the exchange's financial systems and processes, and helped reinvent our business and pricing models. I am especially grateful to Amy for her invaluable work on the NYSE/Archipelago merger.
advisory asset banking continued investment management mergers performance steady strong third
The firm's investment banking advisory business, particularly in mergers and acquisitions, demonstrated a strong performance in the third quarter, and asset management continued its steady growth,
afford easily good margins numbers wage
You will see more wage growth. The productivity numbers have been so good and the margins have been so good we can easily afford more wages.
along businesses certain credit financial global key negatively relative trading turmoil
Along with most other participants in the financial-services sector, certain key businesses were negatively impacted by the turmoil in the global financial markets, including, in particular, our credit and relative trading activities.
creating-things ideas three
To model correctly one tranche of one CDO took about three hours on one of the fastest computers in the United States. There is no chance that pretty much anybody understood what they were doing with these securities. Creating things that you don't understand is really not a good idea no matter who owns it.
thinking europe asia
I think there will be linkages between the U.S. and Europe and I think there will be linkages between the U.S. and Asia; that is probably a little further off.
should
Over time, all of the markets should be combined.
knowledgeable position activity
Regulators are in the best position to regulate when they are intimately knowledgeable about the activities they are regulating.