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CIT Group CEO John Thain (Image: Brad Trent)
REGRETS, I'VE HAD A FEW: "If I knew my only choice was to sell, I never would have taken the job," Thain says of his stint as CEO of Merrill Lynch.
He could have easily shunned the spotlight after leaving Merrill Lynch, but instead John Thain accepted the challenge of reviving the troubled CIT Group. By all measures he's succeeded, cementing his reputation as a fixer, but the job is hardly complete. Next up: transforming the commercial lender into a traditional regional bank through its closely watched acquisition of OneWest Bank.

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He could have easily shunned the spotlight after leaving Merrill Lynch, but instead John Thain accepted the challenge of reviving the troubled CIT Group. By all measures he's succeeded, cementing his reputation as a fixer, but the job is hardly complete. Next up: transforming the commercial lender into a traditional regional bank through its closely watched acquisition of OneWest Bank.  read more »
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