The Winkest Link

Merrill Lynch lost $11 billion this year and the CEO requested a $10 million bonus. The Board of Directors was actually considering it before the CEO withdrew the request amid a firestorm of criticism.   Was there ever any possibility that lower level employees at Merrill Lynch would get a bonus? The bonus for 4000 Merrill [...]

Merrill Lynch Was considering giving John Thain, its CEO, a $10 million BONUS,  thats in addition to his salary of $83 million.  Merrill Lynch explained it by saying that he made the stockholders including himself money by selling Bank of America.  To me selling assets doesn’t really deserve praise.  Anybody could sell something they own [...]