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8 Dec 2008, 5:46 pm
Update: John Thain will not receive a bonus from Merrill. [read post]
8 Dec 2008, 12:40 pm
Merrill Lynch Chief Executive John Thain has suggested to directors that he get a 2008 bonus of as much as $10 million, but the battered company’s compensation committee is resisting his request, The Wall Street Journal reported, citing people familiar with the situation. [read post]
23 Nov 2008, 7:56 pm
If a force as powerful as the Great Depression has been unleashed on the global economy, how can a mere mortal like Merrill’s John Thain be held responsible? [read post]
15 Nov 2008, 10:33 pm
John Thain was brought in to stop the bleeding and started selling off Merrill assets to do so. [read post]
31 Oct 2008, 11:06 am
Citigroup has been hinting it will use its $25bn buying other banks, while John Thain, the chief executive of Merrill Lynch, told analysts: "At least for the next quarter, it's just going to be a cushion. [read post]
23 Oct 2008, 6:51 pm
Kraus, a former Goldman Sachs executive, was recruited to join Merrill by John Thain, another Goldman alumnus. [read post]
23 Oct 2008, 6:36 pm
" The same thoughts were echoed by John Thain, the Merrill Lynch Chief Executive, who was also speaking in Dubai. [read post]
15 Oct 2008, 2:21 pm
Pitt cited John Thain at Merrill Lynch as a highly compensated chief executive who demonstrated that he had "no clue" about a key facet of the company's business, as he continually revised public statements about the extent of Merrill's mortgage-related write-downs--"$5 billion one day, to $7 billion, then to $11 billion. [read post]
2 Oct 2008, 1:32 pm
Merrill Lynch's chairman and chief executive, John A. [read post]
22 Sep 2008, 12:25 pm
Merrill Lynch’s John Thain and Lehman Brothers‘ Richard Fuld Jr. made different strategic decisions over the last year that shaped radically diverse outcomes for their employees and shareholders. [read post]
15 Sep 2008, 4:44 am
From Eric Dash, a DealBook colleague: John A. [read post]
5 Sep 2008, 2:48 pm
Tanona cited concerns that Merrill, led by John Thain, would have to take further write-downs on the [...] [read post]
29 Jul 2008, 12:05 pm
Since he spearheaded an initial round of capital-raising in December, John [...] [read post]
16 Jun 2008, 2:37 pm
The economy is stalling and corporate earnings are off, but the paychecks for chief executives at the largest companies generally got fatter last year. [read post]