John Thain starts at 8:26 ; the Movies Margin Call (2011) & The Big Short (2015) piqued my curiosity about this guy; I wanted to see what he would say for himself.
@Youtuber-xs9cp2 жыл бұрын
Big short's John Tuld is a combination of this guy(John Thain) and Leeman brother Richard Fuld. Jeremy Siegel is the Author of the book( Stocks for the Long Run) which is the book in Robert Scheiffer Lectures carculum.
@scottab1409 жыл бұрын
John Thain should have stated a cause of the crash was because of excessive profits from Mortgage Backed Securities but he didn't want to point the finger at the former Merrill Lynch CEO that he proceeded.
@woodads12 жыл бұрын
Say what you will, the man got $29 a share for Merrill Lynch shareholders. That's legendary.
@stanleylevitzАй бұрын
What do you mean, "the man got"? It doesn't take a sorcerer. Ken Lewis didn't know what day it was. Thain got an excellent deal for Merrill Lynch shareholders, so it's reasonable that he should be well compensated for it. But he didn't found anything. He didn't build anything. He was there for less than two years.
@BH0001 Жыл бұрын
He has his dad's size (JT), but he looks just like his mom. I lived next door to his mom and dad in Antioch. They just moved them into a home as they are both 95. Really nice folks, going to miss them.
@paulallen11238 жыл бұрын
he asked for 40 million in bonus in 2008 when Merrill Lynch lost around $20 billion and he has the gall to talk about bonus
@sean20156 жыл бұрын
Back in 2008, when the entire banking system was teetering on the brink, the only question this piece of garbage asked was whether the TARP money would affect his bonus.
@damangrewal41794 жыл бұрын
Actually in addition to successfully negotiating $40 million in compensation with Bank of America as a part of the deal to sell Merrill; he also lobbied the compensation committee at Merrill for $10 million in bonus for successfully selling Merrill to Bank of America to the benefit of Merrill’s shareholders. The committee disdainfully turned him down.
@jamesquitadamo19179 жыл бұрын
That is one painful intro. How could anyone sit through one of Professor Uuuuuuh's lectures?
@chazzlucas62087 жыл бұрын
LMAO....... I WAS THINKING THE SAME THING
@jamesquitadamo19177 жыл бұрын
brutal
@jamesanonymous23435 жыл бұрын
8:15 of UH,UH,UH,UH,UH,UH, WHAT A FUCKIN SLOTH OF CRAP !
@Byzantios13 жыл бұрын
The mark of a n absolutely shitty public speaker
@JJ_LL2 жыл бұрын
@@Byzantios1 ok, grand orator. Go do better.
@kushyglowy8409 Жыл бұрын
Saving this
@tantrumboy14 жыл бұрын
btw..Thank you so so much for posting this!!
@daspatel6938 Жыл бұрын
Thank you #DrWatson
@tantrumboy14 жыл бұрын
Thain is the man!
@daspatel6938 Жыл бұрын
❤
@TomHagedoorn10 жыл бұрын
Aaahhmm, aaahhmm, let me think, aaahhmmm, as the subprime market aaahhmmm, aaahhmm.. Props to John Thain though..
@martinhaschka8611 Жыл бұрын
It really annoys me that executives blame mark to market for the downturns. Never complained during bull markets
@darrelholiday70469 жыл бұрын
The fed policy of too much money for too long at too cheap a cost sowed the seeds he says...wonder what the last 7 some years of the same policy will bring forth...
@daspatel6938 Жыл бұрын
Coffee Anyone? 😊
@SoulSnatching13 жыл бұрын
aaaaaahm, uhhhhm , aaaaa, uhhhhh ahhhhhh
@Byzantios13 жыл бұрын
Painful
@wirespp113 жыл бұрын
Does anyone know what book is he talking about at 10:01?
@daspatel6938 Жыл бұрын
#OneVoice
@veritas32714 жыл бұрын
Yea Thain is a rockstar. Who is this Jeremy Segal Guy?? For a Wharton Prof his questions blow!!!
@sandippatil2915 Жыл бұрын
The real man behind the deal was Greg Fleming
@JS-qs2bf5 жыл бұрын
i never saw this episode of curb your enthusiasm
@daspatel6938 Жыл бұрын
#KeyRaiNY
@MAgaSUXX3 жыл бұрын
Jesus this introduction dude should go to Toastmasters duh duh duh
@mini1gerbel12 жыл бұрын
I think hes fine
@TheGeorge33311 жыл бұрын
What boggles my mind is that this man, who undoubtedly played a role in the events leading up to the catastrophic recession and financial debacle that nearly jeopardized economies the world over, would blame primarily the government as opposed to at least taking some accountability for what happened. This man recounts in unequivocal terms what fueled the us economic debacle and yet he wants people to believe that only after the recession was he made aware of the predatory financial schemes.
@JLLJR10 жыл бұрын
Aaaaaahmm....uhhhhh
@LennyGildersleeve6 жыл бұрын
Wear a $1000 suit...check. Speak in a authoritative tone with some wit thrown in here and there...check. Blame EVERYONE else for your problems...check. This guy has got to be a Republican...check.
@BoxOfOranges8412 жыл бұрын
@elkritikador Don't forget the $87000 rug
@sommi88811 жыл бұрын
-- No, I'm actually a Futures Trader :)
@PegaSphere10 жыл бұрын
the "Huuuuuuu" is so annoying
@rickcastellon90902 жыл бұрын
Every other world Ummmmmmm, damn glad I didn't waste my time going to that school to learn from ummmmmmmmmm those teachers
@digital100music4 жыл бұрын
Hat Deutschland zur Zeit den Wirtschaftsprüfer im Haus?
@fcukingsginvain17464 жыл бұрын
ONE THING FOR SURE, SINGAPOORS' SOVEREIGN WEALTH DERIVED FROM SINGAPOORS' RETIREMENT MONEY STUCKED AT LEHMAN... WAHAHHAHHAHHAHA KARMAMA
@hansonkewl0614 жыл бұрын
This is a lecture @ Wharton? Why would I pay to the school to listen to this crap?