mother merrill has a new ceo thats an outsider....

[thedisemboweler]

win....i know from the interview that you viewed stanley as an outsider. what do you think of this hire for your beloved institution? he did a pretty good job at the nyse....i was hoping sandy might come out of retirement to repair mother merrill but it doesn't look like that's gonna happen


Nov. 14 (Bloomberg) -- John Thain, the chief executive officer of NYSE Euronext and former Goldman Sachs Group Inc. president, plans to take the top post at Merrill Lynch & Co., a person with knowledge of his plans said.

Thain's departure may be announced as soon as today, said the person, who declined to be identified because the decision hasn't been made public.

Merrill, the world's biggest brokerage, has never been led by an outsider.

[Tin Woodsman]

Moved it to the appropriate forum.