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There is a long list of people who are accused of unfairly profiting from our national financial crisis - Hank Paulson, John Thain, anyone who has ever worked at Goldman Sachs, AIG, Fannie Mae, and Freddie Mac. But no one ever mentions Warren Buffett. Full Article at Huffington Post
Richard Drew/AP Images Vonage Holdings Corp. founder, chairman and chief strategist Jeffrey Citron celebrates his company's IPO with then-New York Stock Exchange CEO John Thain after the opening bell on May 24, 2006. The celebration wouldn't last long. Full Article at How Stuff Works
FILE - In this Sept. 15, 2008 file photo, then Merrill Lynch Chairman and CEO John Thain, left, and Bank of America Chairman and CEO Ken Lewis shake hands following a news conference in New York. View Photo »
When Bank of America offered $29 a share on Sunday afternoon, it was clear to me that was the best thing for our shareholders
In case you didn't know (and honestly, why would you?), Nov. 19 is World Toilet Day an event hosted by the World Toilet Organization to raise awareness for the 2.5 billion people around the world who live without proper sanitation. Full Article at Time Magazine
John Thain is betting that the losses that Bank of America's executives have suffered will be his gain — but it doesn't look like Wall Street's buying it. Full Article at New York Post
After news broke today that John Thain was describing an incident reported by the New York Times as "100% made up" we did some digging into questions Thain has raised in the past about reporting on his activities. Full Article at Clusterstock
Former chief executive of Merrill Lynch, John Thain, speaks at the Reuters Global Finance Summit in New York November 17, 2009. View Photo »
Former Merrill Lynch CEO John Thain was fired after a scandal over the billions in Merrill bonuses. He says big insider bonuses don't cause excessive risk-taking nor the financial crisis.
Last summer, the story goes, John Thain interrupted a meeting with his chief financial officer in order to hurl a chair against the wall, shattering a nearby glass panel. But Thain says that story is "100% made-up." Full Article at Clusterstock
John Thain says he put shareholders first and his interests second in deciding to sell Merrill Lynch to Bank of America. Full Article at Reuters
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FILE - In this Sept. 15, 2008 file photo, then Merrill Lynch Chairman and CEO John Thain, left, and Bank of America Chairman and CEO Ken Lewis shake hands following a news conference in New York.
View Photo »Former chief executive of Merrill Lynch, John Thain, speaks at the Reuters Global Finance Summit in New York November 17, 2009.
View Photo »Former chief executive of Merrill Lynch, John Thain speaks at the Reuters Global Finance Summit in New York November 17, 2009.
View Photo »Former chief executive of Merrill Lynch, John Thain, speaks at the Reuters Global Finance Summit in New York November17, 2009.
View Photo »Former chief executive of Merrill Lynch, John Thain, speaks at the Reuters Global Finance Summit in New York November17, 2009.
View Photo »Former chief executive of Merrill Lynch, John Thain, speaks at the Reuters Global Finance Summit in New York November 17, 2009.
View Photo »Former Merrill Lynch & Co. CEO John Thain leaves the building that houses the office of New York Attorney General Andrew Cuomo, Tuesday, Feb. 24, 2009 in New York.
View Photo »Former Merrill Lynch & Co. CEO John Thain leaves the building that houses the office of New York Attorney General Andrew Cuomo, Tuesday, Feb. 24, 2009 in New York.
View Photo »Former Merrill Lynch & Co. CEO John Thain leaves the building that houses the office of New York Attorney General Andrew Cuomo, Tuesday, Feb. 24, 2009 in New York.
View Photo »Former Merrill Lynch & Co. CEO John Thain leaves the building that houses the office of New York Attorney General Andrew Cuomo, Tuesday, Feb. 24, 2009 in New York.
View Photo »Former Merrill Lynch & Co. CEO John Thain leaves the building that houses the office of New York Attorney General Andrew Cuomo, Tuesday, Feb. 24, 2009 in New York.
View Photo »Bank of America employees exit the Bank of America Tower in New York, January 22, 2009. John Thain, former chief executive of Merrill Lynch & Co, has resigned from Bank of America Corp. , just three weeks after the companies merged, according to media reports.
View Photo »Former chief executive of Merrill Lynch, John Thain, speaks at the Reuters Global Finance Summit in New York November 17, 2009.
View Photo »When Bank of America offered $29 a share on Sunday afternoon, it was clear to me that was the best thing for our shareholders
Former Merrill Lynch CEO John Thain was fired after a scandal over the billions in Merrill bonuses. He says big insider bonuses don't cause excessive risk-taking nor the financial crisis.
The fact that Goldman Sachs is doing well is good for the financial system, not bad for the financial system
I also advised Mr. Alphin, however, that it was appropriate for him to make clear to the Chair of Merrill’s Compensation Committee that it would be inappropriate for John Thain, Merrill Lynch’s CEO, to be paid a year-end bonus ... My advice was not legal advice that such a bonus would be illegal, but ra...
We were completely transparent with Bank of America. They learned about those losses when we did
We decorated it in the style that Merrill Lynch offices were, which was very, very nice
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