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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 said, citing people familiar with the situation.

link: (http://www.cnbc.com/id/28107594)
submitted by: BizFish   Dec 8, 2008
category: News keywords: merril, ceo, bank of america, boa, bonus
Discuss It!
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Where's my bonus for not tarring and feathering all the bankers?
posted by: GFreeman     Dec 8, 2008
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LOL, where did he get the $10 million figure from? Also was it him that drove Merrill towards the wall?
posted by: voodoo02     Dec 8, 2008
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"Considering I didn't screw up as badly as I could have, don't you think I deserve a nice bonus? You know, along the lines of the average annual salary of 400 Americans?"
posted by: MiniMe     Dec 8, 2008
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It's "just a really big number". Remember how the treasury guy said the bailout figure was "just a really big number"

MiniMe you need to make over $3 M per year and work less than 10 hours a week to be considered for bonus money.
posted by: rick9     Dec 8, 2008

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