John Thain

Wall Street, Somalia, and Jack Sparrow

John Feffer | Posted 03.06.2009 | World


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?

Welcome to our ENRON-omy and the Year of the Probe

Robyn O'Brien | Posted 03.23.2009 | Business


Robyn O'Brien

While we read about Blagojevich's hairbrush and the $1,400 trashcan purchased by Merrill Lynch's CEO, the Dow saw "its worst performance ever" posting its worst January in its 113 year history.

God Damn Wall Street!

Paul Raushenbush | Posted 03.03.2009 | Business


Paul Raushenbush

Ok, I had to get a little Jeremiah Wright off my chest because the disgusting behavior of Wall Street while our economy crumbles has made it tough to maintain equanimity.

Congressional Black Caucus Lobbies Obama For Black Commerce Secretary

The Hill | Posted 03.02.2009 | Politics


The Congressional Black Caucus is lobbying President Barack Obama to pick African-American technology executive John Thompson to be his commerce secre...

NY Attorney General May Demand Return Of $4B In Merrill Bonuses

Huffington Post/Bloomberg | Nicholas Sabloff | Posted 03.01.2009 | Business


On Thursday Barack Obama slammed Wall Street companies for giving out $18.4 billion in bonuses last year at a time when the financial sector was being...

Shameful Bankers: Time for a Revolution

Paul Jenkins | Posted 03.01.2009 | Business


Paul Jenkins

While there are many victims in the colossal Ponzi scheme that is the American economy, few of these victims have not in some way been complicit.

Jason Linkins

Maureen Dowd Goes Buck Wild On Bankers

HuffingtonPost.com | Jason Linkins | Posted 02.28.2009 | Media


The New York Times' Maureen Dowd woke up with an insatiable appetite for the blood of Merrill Lynch redecoration buff John Thain, and has thus come down on "feckless financiers" like the Guns of Navarone.

John Thain Still Doesn't Get It

Judith Ellis | Posted 02.27.2009 | Business


Judith Ellis

John Thain seems to be simply on a mission to rehabilitate his image. He wants another job. But has he learned anything?

John Thain Subpoenaed By NY Atty General Over Merrill Bonuses

AP | STEPHEN BERNARD and IEVA M. AUGSTUMS | Posted 02.27.2009 | Business


NEW YORK — The New York attorney general on Tuesday issued subpoenas to former Merrill Lynch chief executive John Thain and Bank of America's ch...

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

Raymond J. Learsy | Posted 03.25.2009 | 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.

Ryan Grim

Former McCain Adviser, Ex-Merrill Chief, Orders Tap Water To Display Modesty

HuffingtonPost.com | Ryan Grim | Posted 02.27.2009 | Politics


What a difference a meltdown makes. Just months ago, John Thain was CEO of Merrill Lynch, a top backer of presidential candidate John McCain, and wi...

John Thain Orders Tap Water To Display Modesty: Report

New York Post | Page Six | Posted 02.27.2009 | Business


FORMER Merrill Lynch chiefs John Thain and Stan O'Neal are finally getting with the penny-pinching program, but once again, they're stiffing the littl...

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

Arianna Huffington | Posted 02.27.2009 | 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.

Recession Trend Tracker: What's Hot, What's Not

Jill Keto | Posted 02.27.2009 | Business


Jill Keto

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Cloud-Cuckoo-Land on Wall Street

Vicky Ward | Posted 02.27.2009 | Business


Vicky Ward

"How much should a Wall Street CEO get paid?" The question got bandied around on Thursday night at dinner -- by a bunch of Wall Street CEOs.

John Thain's Redecoration Refund: Will Pay Back $1.2 Million To Bank Of America

CNBC | Maria Bartiromo | Posted 02.27.2009 | Business


Former Merrill Lynch CEO John Thain, who was ousted last week from Bank of America, defended the acquisition of Merrill by Bank Of America, saying it ...

John Thain's $1.2 Million Redecoration: Obama Decorator, $87,000 Rug

The Daily Beast | Charlie Gasparino | Posted 02.22.2009 | Business


In early 2008, just as Merrill Lynch CEO John Thain was preparing to slash expenses, cut thousands of jobs and exit businesses to fix the ailing secur...

John Thain Leaving Bank Of America

AP | STEPHEN BERNARD and IEVA M. AUGSTUMS | Posted 02.22.2009 | Business


NEW YORK — John Thain resigned under pressure from Bank of America on Thursday after reports he rushed out billions of dollars in bonuses to Mer...

The Inauguration Cannot Come Quickly Enough

Alec Baldwin | Posted 01.22.2009 | 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.

What Do Business Schools Teach Now?

Margaret Heffernan | Posted 01.17.2009 | Business


Margaret Heffernan

If business schools don't change -- fast -- they'll become like military academies after the first world war: discredited and obsolete.

Putting Wall Street on the Main Street Compensation Plan

Don McNay | Posted 01.08.2009 | 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 01.08.2009 | 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...

Paulson Policy Failures

Alan Schram | Posted 03.26.2009 | Business


Alan Schram

The Treasury's policy did nothing to build confidence or stabilize the markets. The precipitous drop of the equity markets in October and November are the market's judgment on their policies.

Merrill Lynch's Thain To Take Role At Bank Of America

DealBook | Posted 11.02.2008 | Business


Merrill Lynch's chairman and chief executive, John A. Thain, will remain at Bank of America after the merger of the two financial giants, Charlotte-ba...

Merrill Lynch Will Buy Back Auction-Rate Securities, Dodge Lawsuit

Posted 09.22.2008 | Business


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