Skip navigation

Smith Barney---Krawcheck back, Thompson

or Register to post new content in the forum

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Jan 23, 2007 3:15 am

gone.

Anyone think the letters Prince got from large producers about the payout cuts had anything to do with this?

Read John Churchill's piece today on this topic:

http://www.registeredrep.coom

Jan 23, 2007 3:16 am

http://www.registeredrep.com

Apologies for the typo.

Smith Barney types, comments please on the change of command cerermony today.

Jan 23, 2007 4:38 am

Todd must have gotten the call Saturday morning at home, because he held

a conference call Friday in the pm and made no mention or any adieus.

Today only a brief memo about the departure, you know the usual “to

persue other interests” stuff.

Jan 23, 2007 5:26 am

Yeah, that's probably true. At least there weren't a bunch of emergency weekend BOD meetings like what MS had to do before Phil got the boot last spring!

Prince is feeling lots of heat for share price stagnation.

I also heard some SB advisors e-mailed him and/or wrote letters about that payout cut BS. One of these days wirehouse execs will learn not to bite the hands (revenue producers) that feed them.

Jan 23, 2007 11:56 am

"One of these days wirehouse execs will learn not to bite the hands (revenue producers) that feed them."

No, they won't.  Wanna bet?

Jan 23, 2007 12:07 pm

No, those greedy wirehouse execs will never learn not to mess with revenue producers.

If you give me 6.5 points I will take my Bears over those Colts in the big game. The spread's 7 in Vegas.

I guess the trader lads at Citi were elated that Thompson got a pink slip, too:

http://www.nypost.com (business section---Paul Tharp)

Jan 23, 2007 4:21 pm

Another typo apology:

Todd Thomson (no P), not to be confused with Linda Thomsen (E instead of O).

Jan 23, 2007 5:15 pm

[quote=Philo Kvetch]

“One of these days wirehouse execs will learn not to bite the hands (revenue producers) that feed them.”

No, they won't.  Wanna bet?

[/quote]

Agreed.
Jan 24, 2007 12:00 am

I think it is a case of Prince smartly leveraging the best people around him.  Step 1: Insert Druskin.  Step 2: Place Krawcheck in position of strength.  Step 3: Insert all-star CFO.

We'll have to see if step 3 materializes.