John Thain, CEO of Merrill Lynch is putting in for a $10 million dollar bonus.His logic is that Merrill Lynch -- which lost $11 billion -- isn't in as bad a shape as say Lehman Brothers or Bear Stearns which collapsed completely. (CNN)
Tuesday, December 09, 2008
Hey, We Only Lost $11 Billion
John Thain, CEO of Merrill Lynch is putting in for a $10 million dollar bonus.His logic is that Merrill Lynch -- which lost $11 billion -- isn't in as bad a shape as say Lehman Brothers or Bear Stearns which collapsed completely. (CNN)
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