Charles Calls CIT Hiring Thain a `Positive Development': Video
Feb. 8 (Bloomberg) -- Brian Charles, an analyst at RW Pressprich & Co., talks with Bloomberg's Betty Liu about CIT Group Inc.'s decision to hire former Merrill Lynch & Co. Chief Executive Officer John Thain to lead the commercial lender that emerged from bankruptcy in December. Thain, 54, becomes chairman and chief executive officer immediately, New York-based CIT said yesterday in a statement. (Source: Bloomberg)
Brian Charles, an analyst at RW Pressprich & Co., talks with Bloomberg's Betty Liu about CIT Group Inc.'s decision to hire former Merrill Lynch & Co. Chief Executive Officer John Thain to lead the commercial lender that emerged from bankruptcy in December.
Thain, 54, becomes chairman and chief executive officer immediately, New York-based CIT said yesterday in a statement. (Source: Bloomberg)
00:00 Hiring of Thain; outlook for CIT
Running time 03:20
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