Wall Street, Somalia, and Jack Sparrow
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?
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?
Robyn O'Brien | Posted 03.23.2009 | Business
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.
Paul Raushenbush | Posted 03.03.2009 | Business
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.
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...
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...
Paul Jenkins | Posted 03.01.2009 | Business
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.
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.
Judith Ellis | Posted 02.27.2009 | Business
John Thain seems to be simply on a mission to rehabilitate his image. He wants another job. But has he learned anything?
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...
Raymond J. Learsy | Posted 03.25.2009 | Business
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.
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...
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...
Arianna Huffington | Posted 02.27.2009 | Business
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.
Jill Keto | Posted 02.27.2009 | Business
Vicky Ward | Posted 02.27.2009 | Business
"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.
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 ...
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...
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...
Alec Baldwin | Posted 01.22.2009 | Politics
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.
Margaret Heffernan | Posted 01.17.2009 | Business
If business schools don't change -- fast -- they'll become like military academies after the first world war: discredited and obsolete.
Don McNay | Posted 01.08.2009 | Business
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.
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...
Alan Schram | Posted 03.26.2009 | Business
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.
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...
John Feffer | Posted 03.06.2009 | World