Chief Executive of Merrill Lynch, John Thain, in his first big move named Nelson Chai CFO. Mr. Chai was his former finance chief at NYSE.
Mr. Chai will start his new position new week.
The previous CFO Jeffrey Edwards will remain on with Merrill Lynch in a new executive position which is still unknown.
Most of these decision are directly related to management changes due to a reported almost $8 billion in credit costs only a few weeks after estimating them at $4.5 billion.
Former CEO Stan O'Neal was fired in November on the heels of many other Wall Street executive cuts due to the subprime mortgage debacle.
Thain expressed with confidence that Mr. Chai will be successful at Merrill Lynch.
Monday, December 3, 2007
Sean Taylor Funeral, The Loss of a Hero
There were a few who shed tears for the athlete. Some more for the classmate and neighbor. But all mourned the hero.
Thousands were at the wake and vigil on Sunday during a large funeral for the murdered NFL star.
On the other side of the state, four men were taken into custody for killing the Redskins playeril cells on the other side of the state.
"We lost one of our best. The whole community feels it," said Khary Pestaina a former neighbor. A freshman in highschool Josh Persad said, "He's like my hero."
Taylor's jersey bearing the number 26 along with a photo of him in his Hurricanes uniform were on display.
His father Pedro Taylor said that he believes Sean is in heaven with God now. The family huddled together in prayer trying to stick to their faith.
The four men charge were all denied bond. One of the attorneys, Sawyer Smith for defendant Jason Mitchell said, "He looks like he's in shock." The other defendants include Eric Rivera, Charles Wardlow, and Venjah Hunte. All 4 are under the age of 20 and have now been charged with unpremeditated murder, home invasion with a deadly weapon, and burglary. It is unknown when they will be brought to Miami for trial.
Two confessed to armed burglary, Mitchell and Rivera. They also said that someone had a gun which was used on Taylor, who was unidentified. Police have also indicated that other confessions were made but had no comment.
Thousands were at the wake and vigil on Sunday during a large funeral for the murdered NFL star.
On the other side of the state, four men were taken into custody for killing the Redskins playeril cells on the other side of the state.
"We lost one of our best. The whole community feels it," said Khary Pestaina a former neighbor. A freshman in highschool Josh Persad said, "He's like my hero."
Taylor's jersey bearing the number 26 along with a photo of him in his Hurricanes uniform were on display.
His father Pedro Taylor said that he believes Sean is in heaven with God now. The family huddled together in prayer trying to stick to their faith.
The four men charge were all denied bond. One of the attorneys, Sawyer Smith for defendant Jason Mitchell said, "He looks like he's in shock." The other defendants include Eric Rivera, Charles Wardlow, and Venjah Hunte. All 4 are under the age of 20 and have now been charged with unpremeditated murder, home invasion with a deadly weapon, and burglary. It is unknown when they will be brought to Miami for trial.
Two confessed to armed burglary, Mitchell and Rivera. They also said that someone had a gun which was used on Taylor, who was unidentified. Police have also indicated that other confessions were made but had no comment.
Poughkeepsie Tapes
According to Shock Til You Drop, The Poughkeepsie Tapes will be hitting our theatres in the first part of 2008. The film, which debuted at the Tribeca Film Festival on the 27th April 2007, sees a return to the Horror movies of yonder years.
This film is very much like Rosemary’s Baby, Texas Chainsaw Massacre, taking us back to the horror movies which seemed so real that you slept with one eye open for months after watching them.
The thing that makes this film totally different to the run of the mill horrors that have recently graced the silver screen is that it was shot in documentary style. This totally adds to the sheer horror and suspense. It’s a technique I find really exciting and provides a completely different viewing experience.
The film follows the story of the Water Street Butcher, a serial killer from Poughkeepsie for over ten years. The butcher’s slight mistake lead to SWAT team descending on his house only to find that the butcher was long gone. However, what the team found was just as horrific. A catalogued library of VHS tapes which he used to document his murderous career.
This film is very much like Rosemary’s Baby, Texas Chainsaw Massacre, taking us back to the horror movies which seemed so real that you slept with one eye open for months after watching them.
The thing that makes this film totally different to the run of the mill horrors that have recently graced the silver screen is that it was shot in documentary style. This totally adds to the sheer horror and suspense. It’s a technique I find really exciting and provides a completely different viewing experience.
The film follows the story of the Water Street Butcher, a serial killer from Poughkeepsie for over ten years. The butcher’s slight mistake lead to SWAT team descending on his house only to find that the butcher was long gone. However, what the team found was just as horrific. A catalogued library of VHS tapes which he used to document his murderous career.
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