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NYSE to Hold Press Conference at 1pm.: Thain Leaving?

Has either Merrill Lynch (MER) or Citigroup (C) found their new CEO?

A 1pm press conference has been scheduled today by the NYSE (NYX). The hot rumor is that current CEO John Thain is leaving to take a similar position at either of the previously mentioned institutions.

Based on Thain’s history. I hope he is heading to Citigroup..

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