John Thain
Latest John Thain News
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'Crash of the Titans' sketches Wall Street behind the scenes
million. For those who made it to the CEO's office, supersize salaries and bonuses awaited. In addition to his salary, John Thain bagged a $15 million signing bonus and a $1.2 million office do-over just to come to work as Merrill Lynch's CEO. His
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Cuomo Demands Bonus Info from Bailed-Out Banks
investigation into executive compensation, including last year's subpoenas of AIG chief Edward Liddy and former Merrill Lynch CEO John Thain about the multi-million-dollar sums paid to employees while those companies were in serious financial trouble. This year's
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Wall Street bankers are still raking in billions in bonuses
purchase, Merrill lost $15.3 billion — bringing its losses for all of 2008 to a record $27 billion. Yet, Merrill CEO John Thain pushed through $3.6 billion in bonuses to Merrill employees days before the merger with BofA closed on Jan. 1, 2009
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Judge sets hearing on BofA-SEC settlement
Sept. 13-14, 2008, the same weekend that Lehman Brothers collapsed. Bank of America CEO Ken Lewis and Merrill Lynch CEO John Thain announced the deal Sept. 15. The acquisition came as Lehman's collapse caused panic in the financial markets and investment
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Bank of America fined $33 million
first came to light in January, leading to the ouster of CEO John Thain . On Feb. 10, New York Attorney General Andrew Cuomo revealed it knew of the bonuses. In a statement, the bank said, " John Thain decided to pay year-end incentives in December as opposed
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BofA pays $33M SEC fine for misleading investors
Sept. 13-14, 2008, the same weekend that Lehman Brothers collapsed. Bank of America CEO Ken Lewis and Merrill Lynch CEO John Thain announced the deal Sept. 15. The acquisition came as Lehman's collapse caused panic in the financial markets and investment
News
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In Japan, more CEOs share the pain of tough times
While Merrill Lynch's John Thain was splurging on a $1.2 million office makeover and Lehman Bros.' Richard Fuld was drawing a $22 million bonus, the president
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Bailed-Out Citi Plans $10M CEO Office
three times as high. Merrill Lynch CEO Spends on Redecoration Earlier this year CNBC reported that then Merrill Lynch CEO John Thain spent more than $1 million to redecorate his office. The redecoration, which took place in early 2007, became a symbol
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A "Let Them Eat Cake" Moment?
Spotted power-lunching at the uber-exclusive Four Seasons Grill Room: John Thain - the ex-Merrill CEO who quit after the public learned he had funneled billions in bonus money to the employees of his sinking
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A "Let Them Eat Cake" Moment
Spotted power-lunching at the uber-exclusive Four Seasons Grill Room: John Thain - the ex-Merrill CEO who quit after the public learned he had funneled billions in bonus money to the employees of his sinking
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Battle Over Bonuses: Govt. Says Bank of America Threatens to Sue Employee Willing to Talk
America that urged that the information remain confidential and that the confidentiality extend beyond former Merrill CEO John Thain 's testimony to include statements from other executives, at least four of whom have already testified. Fresh testimony
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Cuomo Says BofA Interfering with Bonus Investigation
any laws were violated in the way bonuses were paid on an accelerated schedule by a team that included former Merrill CEO John Thain and Bank of America officials. Thain had to be served two subpoenas before he answered any questions on the bonuses. During
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Judge Rules Bank of America Must Reveal Bonus Information
any laws were violated in the way bonuses were paid on an accelerated schedule by a team that included former Merrill CEO John Thain and Bank of America officials. Thain had to be served two subpoenas before he answered any questions on the bonuses. During
Videos
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Alcoa Kicks Off Earnings Season
Haven't heard much and that's because we don't have a lot of details about the structure of how this tax is going to work. John Thain the former CEO of Merrill Lynch told Bloomberg television. Yesterday. That that attacks wasn't necessarily the right way
details about the structure of how this tax is going to work. John Thain the former CEO of Merrill Lynch told Bloomberg television. Yesterday. That that attacks wasn't necessarily the right way to address banks and -
Market Sneak Peak
supporting CIT's business that's what had been keeping it afloat in the past. But still this is a kind of business as John Thain says that the US economy needs to recovering a CIT is a lender I think 3000 small and medium size businesses and this is where
in the past. But still this is a kind of business as John Thain says that the US economy needs to recovering a CIT is a lender -- I think 3000 small and medium size businesses -
Collapsing Bank Doles Out Billions
CEO bill O four billion in bonuses anyway. That's precisely the question New York's attorney general is now asking of John Thain the outgoing CEO. Reportedly paid out the money just before his feeling financial giant was bought out my Bank of America
That's precisely the question New York's attorney general is now asking of John Thain the outgoing CEO. Reportedly paid out the money just before his feeling financial giant was bought out my Bank of America. -
Obama's Stimulus Plan; Al-Arabiya Interview
CEO bill O four billion in bonuses anyway. That's precisely the question New York's attorney general is now asking of John Thain . The outgoing CEO reportedly paid out the money just before feeling financial giant was bought out by Bank of America. They
That's precisely the question New York's attorney general is now asking of John Thain . The outgoing CEO reportedly paid out the money just before -- feeling financial giant was bought out by Bank of America. -
The Party's Over in Davos
the US taxpayer. Gone is Dick Fuld had of the Lehman Brothers Jimmy Cayne of Bear Stearns also out and after two days ago John Thain from Merrill Lynch. Other executives who still have their jobs public image embarrassments chose to stay home. In fact the
Jimmy Cayne of Bear Stearns also out and after two days ago John Thain from Merrill Lynch. Other executives who still have their jobs -- public image embarrassments -- chose to stay home. In fact the -
Webcast: Glitz Fades From Davos, Starbucks Decaf, Flash for Cash
the US taxpayer. Gone is Dick Fuld had of the Lehman Brothers Jimmy Cayne of Bear Stearns also out and after two days ago John Thain from Merrill Lynch. Other executives who still have their jobs public image embarrassments and just chose to stay home
Jimmy Cayne of Bear Stearns also out and after two days ago John Thain from Merrill Lynch. Other executives who still have their jobs -- public image embarrassments and just chose to stay home. In fact -
Masters No More
there. That's his cell was not getting it that she would never imagine that had had moved beyond again acting. Right now John Thain is not just eating cake He takes the cake when it comes to corporate arrogance. He spent more than a million dollars renovating
Right now John Thain is not just eating cake He takes the cake when it comes to corporate arrogance.





