Thain Campbell Brown | Commentary: CEO buys fancy curtains as the walls crumble

January 23, 2009 by frankls
Filed under: Hot Topics

Commentary: CEO buys fancy curtains as the walls crumble
John Thain, the former CEO of Merrill Lynch, resigned Thursday from the company that bought Merrill out, Bank of America. As far as we can tell, his departure couldn’t come soon enough.

Not long ago, Thain was credited with keeping Merrill alive long enough to be rescued.
Now we learn the man who asked for, then quickly withdrew, his request for a $10 million bonus still managed to live large while Merrill teetered on the brink and workers paid the price.

See more here Commentary: CEO buys fancy curtains as the walls crumble – CNN.com

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