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	NYSE Names Goldman's John Thain As CEO
		Reed said Thain will be paid a total of $4 million a year, including all benefits, a sum that is in the mid-range of what leaders of stock exchanges around the country are paid.
		At the news conference, Thain said his goal was to ensure the exchange remains "the most liquid and most efficient marketplace." That may involve a greater degree of electronic trading, he said.
		Thain had been seen as a possible successor to Goldman Sachs CEO Henry Paulson, though Paulson has not announced plans to retire.
	www.accountingnet.com /x41832.xml (930 words)

	John A. Thain News - The New York Times
		John A. Thain, the new C.E.O. of Merrill Lynch, can expect nearly $50 million a year as he tries to restore the firm’s reputation as it grapples with the subprime mortgage problems.
		John A. Thain said he would be open to having more Europeans on the board of the combined exchange.
		John A. Thain, the chief executive of the New York Stock Exchange, bought a duplex apartment last month at 740 Park Avenue that had been owned by the late Enid A. Haupt, the philanthropist, according to a record filed with the city.
	topics.nytimes.com /top/reference/timestopics/people/t/john_a_thain/index.html?inline=nyt-per (873 words)

	MarketBeat Blog - WSJ.com : John Thain, New York's Bravest
		Thain, president at Goldman Sachs prior to the NYSE stint, hasn’t dealt with a firm with a 15,000-plus sales force of retail brokers.
		Thain wasn’t one to avoid messing with sacred cows at the Big Board, as he oversaw the Archipelago acquisition and what seems to be the inevitable closing of the trading floor, which is notably less populated than it was several years ago.
		Thain can also inject some of the Goldman mystique as well as place controls in place that gauge and limit risk and at the same time do not stifle free thinking and a sense of doing business with all the tools one would need in a firm as large as MER.
	blogs.wsj.com /marketbeat/2007/11/14/john-thain-new-yorks-bravest (3026 words)

	Finance Blog - Market Movers by Felix Salmon: The John Thain FAQ - Portfolio.com
		Many questions accompany John Thain's appointment as CEO of Merrill Lynch.
		Thain proved at the NYSE that he has little time for anachronistic vestiges of the finance world of old, like floor traders.
		Thain proved at the NYSE that he's a fan of both dealmaking and internationalization; Merrill is still one of the most US-centric of the big investment banks.
	www.portfolio.com /views/blogs/market-movers/2007/11/14/the-john-thain-faq (734 words)

	DealBreaker.com
		As previously noted, John Thain would like the “I–told-you-so” traders who he fired to “quit [their] bitching” and “wipe the smirks of [their] faces” in regard to the events of Tuesday night.
		Perhaps Thain is simply embracing the platitude of his favorite TV character and moral compass in all things work-related, G. Constanza, who once wisely noted, “It’s not a lie if you believe it.” Can't argue with that.
		John Thain, head of the New York Stock Exchange, told CNBC's Bob Pisani that there is no investigation by the Securities and Exchange Commission of trading problems at the the Big Board during Tuesday's market selloff.
	www.dealbreaker.com /john_thain (2032 words)

	THAIN'S BANE \| By ZACHERY KOUWE \| Business News \| Financial \| Business and Money
		Thain also cited competition between state and federal regulators as another reason why some companies list their shares abroad and sounded relieved that New York Attorney General Eliot Spitzer was moving into the governor's mansion.
		Thain said he hopes a plan will be in place before the end of this year.
		Thain said European and U.S. regulators were close to an agreement about who would oversee the combined markets, and a deal should close by the first-quarter of next year.
	www.nypost.com /seven/11102006/business/thains_bane_business_zachery_kouwe.htm (494 words)

	John Thain - Wikipedia, the free encyclopedia
		John Thain, 51 is the current CEO of the New York Stock Exchange.
		John Thain's memberships include: MIT Corporation, Dean's Advisory Council – MIT/Sloan School of Management, INSEAD – U.S. National Advisory Board, James Madison Council of the Library of Congress and Federal Reserve Bank of New York's International Capital Markets Advisory Committee.
		John Thain's Pay Scale: Interim Chairman, John Reed, told the Wall Street Journal that John Thain will be paid "a plain vanilla number" - about $4 million a year, including bonuses, with no "strange retirement" programs like former CEO Dick Grasso was paid.
	en.wikipedia.org /wiki/John_Thain (231 words)

	Goldman Sachs' John Thain Named CEO of NYSE
		John Thain, the Goldman Sachs (GS:NYSE - commentary - research) president chosen to be the new chief executive of the New York Stock Exchange, said Thursday that electronic trading could have a larger role in the Big Board's future.
		Thain joins the NYSE literally days after the nation's biggest pension system sued the exchange and its specialists, saying the system by which stocks are bought and sold has been habitually abused by insiders and that investors are owed hundreds of millions of dollars in damages.
		Thain has publicly denounced the specialist apparatus, in which professional traders act as middlemen on the floor of the exchange and conduct auctions for stocks and bonds.
	www.thestreet.com /markets/marketfeatures/10132851.html (575 words)

	Boston.com / Business / NYSE names Goldman's John Thain as CEO
		John A. Thain, chief operating officer and president of Goldman Sachs Group Inc., was named chief executive of the New York Stock Exchange on Thursday as part of an effort to restructure the institution following a damaging pay scandal.
		Thain's appointment comes a day after the Securities and Exchange Commission unanimously approved Reed's proposed overhaul of the NYSE's governance structure -- a plan that includes separating the positions of chairman and CEO to avoid concentrating excessive power in one person.
		Thain's appointment may come as a disappointment to those who were hoping the new NYSE chief would come from outside Wall Street.
	www.boston.com /business/articles/2003/12/19/nyse_names_goldmans_john_thain_as_ceo?mode=PF (1045 words)

	2004 Global Influentials
		Grasso, a passionate stock-exchange lifer, famously littered his office with several hundred treasured mementos from the companies whose shares are traded at the exchange.
		And Thain has introduced a new level of transparency in the area that got Grasso into so much trouble - executive pay, which has been drastically scaled back and made public.
		Before coming to the New York Stock Exchange, Thain served as president and chief operating officer of Goldman Sachs since July 2003.
	www.cnn.com /SPECIALS/2004/global.influentials/stories/thain (306 words)

	NYSE taps Goldman's Thain for CEO post - Dec. 18, 2003
		Thain will succeed John Reed, who has been serving as interim chairman and CEO of the NYSE since Richard Grasso resigned in September amid controversy over the size of his pay package.
		Thain, who has an undergraduate degree from Massachusetts Institute of Technology and a masters in business administration from Harvard, is known for pressing technology, which some at the exchange could see as a threat to its specialist system.
		Thain's departure was somewhat of a shock for Goldman.
	money.cnn.com /2003/12/18/markets/nyse_ceo (897 words)

	MIT alumnus named to head NYSE - MIT News Office
		Goldman Sachs Group Inc. President John A. Thain, a 1977 MIT alumnus who majored in electrical engineering and served as treasurer of his fraternity, was named chief executive of the New York Stock Exchange on Thursday, December 18.
		Thain, 48, is known for his confidence in trading technology and now envisions a "hybrid" system in which smaller trades are handled by computers and larger orders by specialists.
		Thain's understated personal style and his experience with leadership following disruption and loss will be called upon in his role at the exchange, which was roiled by public outcry over the excesses of its former chairman, Richard Grasso.
	web.mit.edu /newsoffice/2003/thain.html (494 words)

	MIT World » : Convocation Keynote (1)
		Thain has determined to “rebuild confidence, integrity and trust in the world’s largest marketplace,” by applying “best practices” in the areas of governance, market structure and the strategy of exchanges.
		Thain is a member of The MIT Corporation, the Dean's Advisory Council — MIT/Sloan School of Management, INSEAD — U.S. National Advisory Board, the James Madison Council of the Library of Congress and the Federal Reserve Bank of New York's International Capital Markets Advisory Committee.
		Thain received an M.B.A. from Harvard University in 1979 and a B.S. from MIT in 1977.
	mitworld.mit.edu /video/311 (272 words)

	John Thain wants NYSE reforms - Sify.com
		John Thain, president of the investment bank, suggested that some of the trades should be handled electronically rather than by the "specialists" who make markets in individual stocks.
		Thain said the opinions he expressed were his own, not Goldman's, and stressed that he did not want the specialist system to go away.
		Thain said specialists should be used for large trades where buyers and sellers were out of balance but trades of highly liquid stocks could be done faster and cheaper electronically.
	sify.com /finance/fullstory.php?id=13314093 (460 words)

	theage.com.au - The Age
		John Thain is not a flashy banker or a man with a thousand relationships.
		Thain is a clinical, dispassionate man with a military bearing.
		Thain, by comparison, was very much an unknown: he had been plucked from relative obscurity in 1994 by Jon Corzine, then the firm's managing partner, to be Goldman's chief financial officer.
	www.theage.com.au /articles/2003/03/26/1048653745940.html (869 words)

	Boston.com / Business / NYSE names Goldman's John Thain as CEO (Site not responding. Last check: )
		Thain, 48, will succeed interim CEO and chairman John Reed, who has held those positions since the September ouster of Dick Grasso amid a furor over the size of his pay package.
		Thain's appointment is effective Jan. 15, and Reed said Thain will be paid $4 million a year.
		Thain had been seen as a possible successor to Goldman Sachs CEO Henry Paulson, though Paulson has not announced plans to retire.
	www.boston.com /business/articles/2003/12/18/nyse_names_john_thain_as_new_chief_exec?mode=PF (850 words)

	[No title]
		At Goldman, Thain was responsible for the operations of Spear Leeds and Kellogg, one of the NYSE's biggest floor specialists -- and one of the firms targeted in lawsuits and investigations.
		Thain is regarded as a technocrat who has had a major hand in the investment bank's investments in electronic-trading platforms.
		Thain has recently advocated electronic trading over the specialist-driven open-outcry market at the NYSE, but this was a position that he appeared to backtrack from on Thursday.
	www.marketwatch.com /News/Story/Story.aspx?guid={0635492A-C1F6-48D3-9015-3EB96A084595}&siteid=mktw (917 words)

	Corporate Note: SOLD OUT NYSE CEO John Thain on Leadership in Global Capital Markets - Corporate & Policy Programs
		Thain praised the "new energy and confidence" in Japan and lauded Prime Minister Koizumi for boldly moving Japan towards deregulation, free markets and individual initiative, and away from bureaucracy and top-down government controls.
		Thain said the NYSE currently has multiple initiatives to keep abreast of the rapid pace of change in the financial markets.
		Thain cited China, India, Brazil and "to a lesser extent, Russia," as countries that are growing quickly, creating the need for large amounts of capital and thereby generating long-term opportunities for listing.
	www.japansociety.org /global_affairs/event_corp_note.cfm?id_note=1027382649 (1331 words)

	New NYSE chief to battle feds \| www.azstarnet.com ®
		NYSE Chief Executive John Thain said he would lobby against a proposed change to the "trade-through" rule, released by the Securities and Exchange Commission Tuesday, even as his exchange prepares to change the way it does business to remain competitive should the rule take effect.
		Thain said his own proposal, announced on Feb. 5, to increase the amount of electronic trading puts the NYSE in the same category as the faster all-electronic markets while still maintaining the liquidity and price support that the specialist system provides.
		Thain, who has handed the Grasso case to the SEC and New York state Attorney General's Office for investigation, said he wants to get as much money back from Grasso as possible.
	www.azstarnet.com /dailystar/printSN/11325.php (679 words)

	John Thain take the helm at the NYSE - Dec. 18, 2003
		Thain, who has a undergraduate degree from MIT and a master's in business administration from Harvard, was named sole chief operating officer a few months ago.
		In 1999, when former CEO Jon Corzine left the firm, Thain became president and co-chief operating officer, until the departure in March of his counterpart, John Thornton, which left Thain first in the line of succession for the top spot at Goldman.
		An option Thain, 48, suggested would be to allow customers to choose how they want their trade orders executed: either best price with the current system on the NYSE, or with best speed through an electronic trading system.
	money.cnn.com /2003/12/18/markets/thain (649 words)

	Exchange Handbook: NYSE Appoints John A. Thain As Chief Executive Officer: Mr. Thain Has Been President And COO Of ... (Site not responding. Last check: )
		John S. Reed, who has been interim chairman and chief executive officer of the NYSE since Sept. 30, will resign as interim CEO and remain as interim chairman until a new chairman is appointed.
		Thain, 48, has been president and chief operating officer of Goldman Sachs Group, Inc. since July 2003 and was previously president and co-chief operating officer from May 1999 through June 2003; he has been a director since 1998.
		Thain received an MBA from Harvard University in 1979 and a B.S. degree from Massachusetts Institute of Technology in 1977.
	www.exchange-handbook.co.uk /news_story.cfm?id=45262 (459 words)

	BIG SWINGING: John Thain
		John Thain's new title down at the NYSE is HNIC; Head Nerd in Charge (New York Magazine).
		NYSE head honcho John Thain is Institutional Investor's June coverboy.
		"Thain agreed to take the helm of the NYSE at arguably its darkest time, the end of 2003, leaving behind a far more lucrative post at Goldman, Sachs and Co., where he was heir apparent to CEO Henry Paulson Jr.
	bigswinging.typepad.com /bigswinging/john_thain/index.html (456 words)

	Financieel Nieuws / Beurs Nieuws - Het laatste Financieel & Beurs nieuws verzameld
		John Thain verruilt topplek NYSE Euronext voor Merrill Lynch (Euro Bench)
		John Thain verruilt topplek NYSE Euronext voor Merrill Lynch (Het Financieele Dagblad)
		John Thain verruilt topplek NYSE Euronext voor Merrill Lynch (IEX.nl)
	financieel.headliner.nl (2807 words)

	LSE Latest - Supporting an Independent London Stock Exchange » John Thain
		John Thain, CEO of the New York Stock Exchange, has said he will not improve terms of its £10.7 billion merger with Euronext, despite noises from rival Deutsche Borse that its proposal was worth more.
		Euronext’s Chief Executive, Jean-Francois Theodore, and John Thain have said they are on course to complete their landmark merger during the first quarter of next year.
		John Evans is a full-time author and journalist and the owner of Syntagma Media.
	www.lselatest.com /category/john-thain (639 words)

	Bloomberg.com: News & Commentary
		Thain, a father of four, lives in a Georgian-style mansion with a lap pool and tennis courts in the suburb of Rye, north of New York City.
		Thain will bring a different style to the NYSE, where Grasso was the NYSE chairman and chief executive for nine years until he was forced to resign in September for accepting a pay package of $140 million.
		Thain ``probably believes that standing up there grinning when the bell goes is not an enormously important contribution to make,'' says Roy Smith, a former Goldman Sachs partner who has known Thain for more than 20 years.
	quote.bloomberg.com /apps/news?pid=nifea&&sid=aybZUttAe46U (1519 words)

	NYSE picks Goldman's John Thain CEO appointment raises questions about commitment to ending web of conflicts @ ... (Site not responding. Last check: )
		Thain, who starts his new job Jan. 15, is the right-hand man to Goldman Sachs chairman Henry Paulson, who led efforts to dump Mr.
		Thain are both on the board of the Massachusetts Institute of Technology.
		Thain, who is giving up a far more lucrative job, will be paid $4-million a year in what NYSE officials characterized as a "plain vanilla" compensation package.
	www.workopolis.com /servlet/Content/qprinter/20031219/IBNYSE19 (566 words)

	NYSE mulling shift to more electronic trading - Stocks & Economy - MSNBC.com (Site not responding. Last check: )
		NEW YORK - The new chief of the New York Stock Exchange, John Thain, is considering a shift to electronic trading, marking a possible major change for the 211-year-old Big Board, according to a source familiar with the matter.
		Thain, with less than two months on the job, is preparing a report to be discussed by the NYSE's newly formed board of directors at its next meeting, scheduled for Feb. 5, the source said.
		Thain, the former president of Goldman Sachs Group, has been speaking to members of the exchange ahead of the board meeting in order to get a consensus on his ideas for changing the exchange, the last major exchange to still use human-based trading via its specialist system.
	www.msnbc.msn.com /id/4105941 (505 words)

	Wall $treet Week with FORTUNE . In the News \| PBS
		Thain's task now is to avoid the sideshow debate over his predecessor's legacy and the continuing litigation over Grasso's compensation -- and focus instead on the meatier issue.
		To keep the brokers and specialists from outright rebellion, Thain is trying to give them the ability to pause an electronic transaction in a particular stock if trading becomes extremely volatile (e.g., after an earnings warnings or merger announcement).
		NYSE chairman Reed's first overture to Thain last fall was met with a polite no. Undaunted, Reed tried again three weeks later at a luncheon for German Chancellor Gerhard Schroeder.
	www.pbs.org /wsw/news/fortunearticle_20040726_01.html (2955 words)

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