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.
Discuss It!
Where's my bonus for not tarring and feathering all the bankers?
posted by: GFreeman Dec 8, 2008
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
"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
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.
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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