Dodgy Stomach & Bad Fall Led To Exec Taking Top Job
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Speaking to an audience at a recent Museum of American Finance event, Ms Krawcheck said that she was pursuing a number of job options before she landed the big one at BofA. But things don't appear to have gone too smoothly when she was taking a look at what else was out there.
First up, Ms Krawcheck caught her heel on the sidewalk when on her way to a meeting about a big job at another firm. She didn't make the meeting, as she was rushed to hospital and had to have 6 stitches, after fracturing her jaw. And this was after oversleeping on the morning of her first meeting with the other firm (which has not been named), arriving without having had a shower, and vomiting when she was given an employment contract!
Better news for Sallie, however, is her appointment, with fellow Bank of America executive Brian Moynihan, to the board over at BlackRock.
The jury at the trial of HSBC executive Neil Ellerbeck, accused of murdering his wife (who was seeking a divorce), heard last week that he didn't mean to kill her. Defence lawyer Diana Ellis said that the compression to his wife's neck was accidental, and it appears that Mrs Ellerbeck may have suffered from 'dysrhythmia within the heart', which resulted in a delayed-death.
And The New York Post reports that, even though the worst of the financial crisis appears to be over, records confirm that US Treasury Secretary Tim Geithner either spoke, or met with, Goldman CEO Lloyd Blankfein at least 15 times between January and July.
Clusterstock reports that word around Morgan Stanley is that co-president Walid Chammah, miffed at missing out on the firm CEO role to James Gorman, is looking to leave. And The Wall Street Journal reports that Zoe Cruz, a former Morgan Stanley co-president, is looking to start her own hedge fund.
And The New York Post is reporting that there's already concern in the ranks over at Morgan Stanley that CEO designate James Gorman will scale back (further) on risk. One unnamed trader told the newspaper: 'Where (Gorman) stands on risk is the big X factor'.
Finally, The New York Times reports that James Simons, the founder of Renaissance Technologies, has told investors that he is stepping down from day-to-day management of the firm he founded more than 30 years ago.
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