Corporate Moves
Blackstone Hires Thomas Nides for New Vice Chairman Role
The former Morgan Stanley vice chairman, deputy secretary of state and ambassador to Israel will lead the firm’s client relations.
The former Morgan Stanley vice chairman, deputy secretary of state and ambassador to Israel will lead the firm’s client relations.
With the Dow ahead by 9.9% over the period, he is bested only by FDR and Taft.
His 13.4% yearly corporate profit increase, admittedly over just three years, is bested only by Obama’s 26% over eight, CFRA’s Stovall finds.
Similar downbeat predictions about Obama and Trump came to naught, strategists point out.