Jesse's Café Américain: Thain

“I know there is a God — I see the storm coming and I see His hand in it — If He has a place for me then I am ready.”

John F. Kennedy, scrawled on a prayer breakfast program, NYT, May 15, 1964

Showing posts with label Thain. Show all posts

23 January 2009

Merrill Lynch Execs Paid Themselves $15 Billion on $21.5 Billion in Losses in 2008

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No wonder John Thain was sacked. On the surface it appears that he and his management were 'hiding' or at best unaware of enormous l...

22 January 2009

John Thain: Sacked! or Sach'd?

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As reported earlier by Yves Smith at Naked Capitalism, it has recently been revealed that Merrill Lynch and John Thain accelerated the payme...

Merrill Lynch: Infamia!

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Apologies for the lapse into Italian, but it is a remnant of my childhood. My father had a remarkable talent for expressing strong emotion ...

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