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John Thain Bonus

"Bankers Behaving Badly": A Needed Remedy for a Financial Industry Gone Off The Rails

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

A company's public conduct and public image, like that of Citi and Lehman, should be a determinant of which companies get taxpayer monies. The days of Wall Street rules are at an end.

Wall Street, Somalia, and Jack Sparrow

John Feffer | Posted 05.25.2011 | Home
John Feffer

Why are more than a dozen of the world's navies converging on Somalia to battle pirates there instead of sailing into New York to capture the Wall Street pirates?

Letter From Paris: Greed Heard Round The World

Beth Arnold | Posted 05.25.2011 | Home
Beth Arnold

While banks and the auto industry have been bailed out, public transportation workers and other civil servants complain that small and medium businesses -- the people -- have gotten a big fat zero.

The Era of Not Getting It: The Marie Antoinettes of the Meltdown

Arianna Huffington | Posted 05.25.2011 | Business
Arianna Huffington

Merrill Lynch CEO John Thain, the poster child for the modern era of Not Getting It, and execs at Citigroup, Wells Fargo, and State Street have shown themselves to be tone deaf.

The Inauguration Cannot Come Quickly Enough

Alec Baldwin | Posted 05.25.2011 | Politics
Alec Baldwin

In a sense, we made Madoff. This society and its desire for results and more results. The disease of more. The Bush legacy: No regulation. A free-for-all.

Where Will Wall Street Execs Go When Bonuses Are Cut? | Posted 05.25.2011 | Business

John Thain of Merrill Lynch (MER) and John Mack of Morgan Stanley (MS) looked like men in hostage video tapes with guns held to their heads as they we...

Putting Wall Street on the Main Street Compensation Plan

Don McNay | Posted 05.25.2011 | Business
Don McNay

Those of us who run our own businesses don't get bonuses if we lose money. We usually don't get bailed out or taken over. If we lose enough money, they lock us up and board up the front windows.

Merrill Lynch Chief Fighting For Bigger 2008 Bonus

Wall Street Journal/HuffPost | Posted 05.25.2011 | Business

Update 4:40pm EST: Morgan Stanley's CEO John Mack has announced that he will not be getting a bonus for the second year in a row: Morgan Stanley C...