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CIT Names Ex-Merrill Chief John Thain to Run Lender: Video

2010-02-08T11:46:08Z
CIT Names Ex-Merrill Chief John Thain to Run Lender
 
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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. Bloomberg's Scarlet Fu reports. (Source: 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. Bloomberg's Scarlet Fu reports. (Source: Bloomberg)

Running time 01:28

-0- Feb/08/2010 11:46 GMT

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