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Response to Tansy_Gold (Original post)

Mon Aug 26, 2013, 10:22 PM

8. Just happened to run across this.....

You'll need a shower after reading this.
http://nymag.com/news/business/themoney/john-mack-2012-4/

Look Who’s Back
John Mack is no longer at the top of Morgan Stanley. So he’s getting his fix elsewhere.

While the company he headed is a shadow of its former self—this year, Morgan Stanley is laying off 1,600 people, Moody’s is threatening to downgrade its credit rating, and the share price is down 32 percent over the past twelve months—Mack stock, it seems, is up. He’s taken a position as an adviser to the China Investment Corporation, the $400 billion Chinese sovereign-wealth fund, and joined the board of Rev Worldwide, a company that specializes in prepaid debit cards. Last month, Mack scored a high-profile appointment as a senior adviser to private-equity firm Kohlberg Kravis Roberts. “And those are just the things I can tell you about,” he says with a chuckle.

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Tansy_Gold Aug 2013 OP
Fuddnik Aug 2013 #1
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LineReply Just happened to run across this.....
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