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John Mack

Rolfe Winkler: Angelides' Financial Crisis Inquiry Commission Can crisis inquiry live up to 1930s trailblazer?

Reuters | Rolfe Winkler | Posted 02.13.2017 | Business

Ferdinand Pecora turned a tame United States investigation of the 1929 Crash into an expose that spawned far-reaching banking reform. Despite flashes ...

FCIC Commissioner Asks Public For Questions, HuffPost Readers Answer

Posted 05.25.2011 | Business

Bill Thomas, vice chairman of Financial Crisis Inquiry Commission (FCIC) is asking Americans to submit their questions for bankers the commission is s...

Wall Street Bankers Put Obama On Hold | ANDREW ROSS SORKIN | Posted 05.25.2011 | Business

President Obama didn't exactly look thrilled as he stared at the Polycom speakerphone in front of him. "Well, I appreciate you guys calling in," he be...

Krugman: Bankers Without A Clue, Financial Crisis Commission Testimony Showed 'Stunning Failure' | PAUL KRUGMAN | Posted 05.25.2011 | Business

But the bankers' testimony showed a stunning failure, even now, to grasp the nature and extent of the current crisis. And that's important: It tells u...

Catch-22 Billion

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

The boys -- Lloyd Blankfein, Jamie Dimon, John Mack, and Brian Moynihan -- are back in Washington today and the Wall Street CEOs seemed to have tripped over a financial version of Heller's classic Catch 22.

Andrew Ross Sorkin: Morgan Stanley, Goldman Sachs Were On The Verge Of Collapse Last Fall (VIDEO)

Huffington Post | Grace Kiser | Posted 05.25.2011 | Business

Don't buy the assertions that banks like Goldman Sachs would have survived the financial crisis without a taxpayer bailout. According to Too Big To F...

Morgan Stanley CEO Calls for More Regulation of Wall Street at Vanity Fair-Bloomberg Event

Katya Wachtel | Posted 05.25.2011 | Business
Katya Wachtel

Morgan Stanley CEO John Mack was cheekily ambushed by Bloomberg's Margaret Brennan Wednesday night.

William Cohan: Bank Execs Got Rich On Bailouts With Stock Options | William Cohan | Posted 05.25.2011 | Business

Few could argue with Barack Obama last week when the US president said Wall Street owed a debt of gratitude to taxpayers. Some of America's largest ba...

Some Advice for Mr. Gorman

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

Hello, sir. I know you don't start until January, and I'm sure there are a lot of people giving you guidance today, but I thought I'd offer a few tips as you prepare to ascend to the top slot at Morgan Stanley.

Bernie Madoff, Scapegoat

Michael Moore | Posted 05.25.2011 | Business
Michael Moore

Instead of putting those responsible for the financial crisis in jail, why did we give them huge sums of our hard-earned tax dollars. Bernard Madoff is nothing more than the scab on the wound.

Mack, Lewis Blame Pay Limits For Executive Departures

Bloomberg | Posted 05.25.2011 | Business

John Mack and Kenneth Lewis, the chief executive officers of Morgan Stanley and Bank of America Corp., said pay limits tied to federal rescue funds ha...

Help Dig Up The Praise That Today's Bailout Bandits Once Received

Matthew Palevsky | Posted 05.25.2011 | Business

Over the past few months we've seen the media begin to cast a hairy eye on many of the financial characters it once dubbed as experts, creators of gre...

Banks Racing To Pay Back Bailout Funds After Congressional Lashing

Bloomberg | Linda Shen and Bradley Keoun | Posted 05.25.2011 | Business

Feb. 12 (Bloomberg) -- Bank of America Corp., JPMorgan Chase & Co. and Morgan Stanley may decide after enduring yesterday's Congressional hearing that...

Morgan Stanley Chief John Mack Will Take No Bonus This Year

CNBC, WSJ, Bloomberg | Posted 05.25.2011 | Business

CNBC's Charlie Gasparino is reporting that Morgan Stanley chief John Mack will not be taking a bonus this year. It is the second consecutive year that...

Morgan Stanley CEO John Mack Talks About Paulson Meeting On CNBC (VIDEO)

CNBC | Posted 05.25.2011 | Business

Morgan Stanley CEO John Mack, one of the financial institution CEOs called in for a meeting with Treasury Secretary Henry Paulson, appeared on CNBC th...

Morgan Stanley Under Assault

New York Times | Posted 05.25.2011 | Business

John J. Mack just cannot catch a break. After briefly beating back those who would bet against Morgan Stanley, the humbled Wall Street giant that he ...

New York Times Retracts Morgan Stanley Chief's "We're Not Gonna Make It" Quote

Huffington Post | Posted 05.25.2011 | Media

The New York Post's Paul Tharp Friday reports that the New York Times has retracted a salacious quote about the Wall Street crisis that appeared in a ...

John Mack, Morgan Stanley Chief, Springs Into Action

BusinessWeek | Emily Thornton | Posted 05.25.2011 | Business

With financials taking the biggest hits in the Wall Street crisis, Morgan Stanley CEO John Mack has sprung into action, reports BusinessWeek: As Morg...

The Highest-Paid CEOs Of 2007: AP

Posted 05.25.2011 | Business

The 10 highest-paid CEOs for 2007 at Standard & Poor's 500 companies based on calculations by The Associated Press. The total pay figures are rounded,...

Is Hillary Good For Business?

BusinessWeek | Moira Herbst | Posted 05.25.2011 | Business

In the final Democratic debate of the primaries on Feb. 26, Senator Hillary Clinton (D-N.Y.) trumpeted the populist theme of her campaign: "The wealth...

Morgan Stanley's Mack: $9.4 Billion Loss "Embarrassing"

Silicon Valley Insider | Henry Blodget | Posted 05.25.2011 | Business

We are fans of Morgan Stanley CEO John Mack, but we were annoyed by his description of the incineration of $9.4 billion as "embarrassing." It's not "e...

Will Morgan Stanley's John Mack Go The Way Of Chuck Prince And Stan O'Neal?

New York Times | Landon Thomas Jr. | Posted 05.25.2011 | Business

Now it is Morgan Stanley's turn. More than two years after the chief executive, John J. Mack, made a celebrated return to his old firm, promising to ...