We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Emergency landing

30 January 2006 By Rob Cox

CEO John Mack has extricated the investment bank from its troublesome aircraft leasing unit, squeezing a price $500m higher than expected. It was Mack who took the firm into in this business, in his former role as president. By exiting on these terms, he has salvaged some pride.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)