View By Tag : merrill lynch

Cuomo Sues Bank of America, Even as It Settles With S.E.C. (www.nytimes.com)

The legal drama surrounding the controversial takeover of Merrill Lynch by Bank of America, one of the pivotal moments of the financial crisis, took a fresh turn on Thursday as the attorney general of... More

Tags: big banks,sec,bank of america,merrill lynch

Submitted about 1 month ago by gregplaysdrums | 0 Comments |

Raising Thain (www.thenation.com) TMC

Merrill Lynch CEO John Thain wants an end of year bonus. He's seen his bank through some hard times, he says, and saved company jobs by deciding to sell Merrill to Bank of America. Merrill Lynch's... More

Tags: economy,john thain,bonus,tmc,merrill lynch

Submitted about 1 year ago by cdoherty | 0 Comments |

COUNTERINTUITIVE THOUGHT OF THE DAY. (www.prospect.org) TMC

James Surowiecki argues that John Thain, CEO of Merrill Lynch, deserves the $10 million bonus he asked for this year. Surowiecki's argument on Thain's performance makes sense, but it underscores how... More

Tags: john thain,tmc,merrill lynch,bonus,ceo

Submitted about 1 year ago by cdoherty | 0 Comments |

Merrill Chief Wants $10-Million Bonus For Presiding Over $11-Billion Loss (tpmmuckraker.talkingpointsmemo.com) TMC

alk about tone deaf! Merrill Lynch chief John Thain wants a bonus of as much as $10 million, reports (sub. req.) the Wall Street Journal. Merrill's compensation committee is, not surprisingly,... More

Tags: economy,bailout,merrill lynch,john thain,tmc

Submitted about 1 year ago by TEVSlyke1 | 0 Comments |

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