CNN Breaking News - John S. Reese selected interim SEC chief

[TacticalPeek]

Not much info yet, sorry no link.

Said he is an ex-Treasury official, not clear which admin.

[bahrbearian]

1. WTF you mean Harvey Pitt is gone now????

Finally,, about time....

[nothingshocksmeanymore]

4. Pitt's been gone a while

He was replaced by Donaldson last February.

[MaineDem]

2. SEC?

Not NYSE?

[Whoa_Nelly]

3. Link..it is NYSE and name is Reed

NYSE Names Interim Chairman

Erin McClam
The Associated Press
Sunday, September 21, 2003; 12:26 PM


NEW YORK -- The New York Stock Exchange tapped former Citigroup chairman and CEO John S. Reed as its interim leader Sunday, less than a week after its previous chairman was forced to step down amid outrage about his compensation.

Reed, who left Citi in 2000 after losing a power struggle with then co-chairman Sanford I. Weill, will temporarily replace Dick Grasso, exchange officials announced at a hastily called news conference.

<snip>
Reed worked at Citi, one of the world's largest investment banks, for more than 35 years before retiring in April 2000. He had been named CEO of Citicorp in 1984, and has been credited with building Citicorp into a corporate powerhouse through the 1990s, slashing staff and selling off unprofitable assets.

Since his retirement, Reed said he's been teaching and writing. He said he is stepping down as lead director of the board of Altria Group, the parent company of tobacco maker Philip Morris.

more...
http://www.washingtonpost.com/wp-dyn/articles/A42667-2003Sep21.html

[TacticalPeek]

5. My bad. If a mod can edit that subject line to read NYSE I'm much obliged.

Sorry, editing period expired. Pardon the fast fingers and slow mind (Sunday morning and all).

Hey, maybe this means I've qualified myself as a member of the SCLM?
:silly:

[lazarus]

6. Sorry

How about reposting with the new info? I'll go ahead and lock this one up.