Read more John Thain stories on Newserhttp://www.newser.com/taggrid/15791/john-thain.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 13:40:54 CSThttp://www.newser.com/story/69754/merrills-thain-rues-picking-pricey-office-decor-over-ikea.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMerrill Lynch's former CEO issued an apology of sorts for spending $1.2 million—including $35,000 for a commode—to redecorate his office as the firm bottomed out, Bloomberg reports. “We decorated it in the style that Merrill Lynch offices were, which was very, very nice,” John Thain said...http://www.newser.com/story/69754/merrills-thain-rues-picking-pricey-office-decor-over-ikea.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 18 Sep 2009 12:21:55 CDThttp://www.newser.com/story/66600/judge-slams-lying-bofa-merrill-over-36b-bonuses.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe judge who has refused to sign off on Bank of America's settlement with the SEC over $3.6 billion in bonuses paid to Merrill Lynch delivered a stinging rebuke to both parties in a hearing yesterday, the New York Times reports. The firms "effectively lied to their shareholders" over...http://www.newser.com/story/66600/judge-slams-lying-bofa-merrill-over-36b-bonuses.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 11 Aug 2009 1:50:26 CDThttp://www.newser.com/story/57303/thain-accuses-bofa-of-lying-about-bonuses.html?utm_source=syn&utm_medium=rss&utm_campaign=tagIn his first lengthy interview since being pushed out as CEO of Merrill Lynch, John Thain tells the Wall Street Journal that Bank of America—which acquired Merrill in September—is lying about its involvement in the $3.6 billion in bonus payouts that made Thain the poster boy for...http://www.newser.com/story/57303/thain-accuses-bofa-of-lying-about-bonuses.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 27 Apr 2009 8:21:00 CDThttp://www.newser.com/story/53273/merrill-bonus-beneficiaries-may-be-revealed-within-week.html?utm_source=syn&utm_medium=rss&utm_campaign=tagA decision could come next week on disclosure of the names of Merrill Lynch employees who received $3.6 billion in bonuses last year, despite the firm posting a $15.8 billion fourth-quarter loss, Bloomberg reports. Bank of America argued today against release, saying its compensation scheme would be a...http://www.newser.com/story/53273/merrill-bonus-beneficiaries-may-be-revealed-within-week.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 13 Mar 2009 14:15:02 CDThttp://www.newser.com/story/52634/traders-400m-loss-behind-merrills-london-irregularity.html?utm_source=syn&utm_medium=rss&utm_campaign=tagA rogue Merrill Lynch trader appears to have posted some $400 million in undisclosed losses in recent months, the Financial Times reports, covering his tracks with the “irregularity” the firm’s London branch is currently investigating. Alexis Stenfors, now suspended, reported $120 million in gains in 2008’s fourth quarter to cover...http://www.newser.com/story/52634/traders-400m-loss-behind-merrills-london-irregularity.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 06 Mar 2009 15:40:09 CSThttp://www.newser.com/story/51320/bofa-boss-ordered-to-testify-in-36b-bonus-probe.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBank of America chairman Kenneth Lewis has been subpoenaed to testify in the investigation into possible deception of investors over the Merrill Lynch takeover, sources tell the Wall Street Journal . New York Attorney General Andrew Cuomo is exploring whether the bank broke the law by failing to inform investors of...http://www.newser.com/story/51320/bofa-boss-ordered-to-testify-in-36b-bonus-probe.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 20 Feb 2009 2:36:06 CSThttp://www.newser.com/story/49843/busted-fatcats-have-everything-except-a-clue.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe real problem with Tom Daschle is the $5 million he made on the post-Senate gravy train, not his unpaid taxes, Steven Pearlstein writes in the Washington Post . Daschle, John Thain, and their fellow corporate and government high fliers have run afoul of an American public that's "no longer willing...http://www.newser.com/story/49843/busted-fatcats-have-everything-except-a-clue.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 04 Feb 2009 10:27:55 CSThttp://www.newser.com/story/49768/no-golden-toilets-liberals-are-on-the-case.html?utm_source=syn&utm_medium=rss&utm_campaign=tagDavid Brooks is worried about the rich people. Consider poor John Thain. One minute, it was OK to spend $35,000 on a commode, the next it was an embarrassment, Brooks opines in the New York Times . The same shame could befall countless billionaires who don’t realize the rules have...http://www.newser.com/story/49768/no-golden-toilets-liberals-are-on-the-case.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 03 Feb 2009 12:04:25 CSThttp://www.newser.com/story/49733/bofa-knew-of-merrills-4b-bonuses.html?utm_source=syn&utm_medium=rss&utm_campaign=tagOusted Merrill Lynch boss John Thain appears to have been speaking the truth when he said Bank of America knew all about Merrill's controversial December bonuses, the Wall Street Journal reports. A copy of a private bonus agreement obtained by the Journal shows that the two firms agreed on a...http://www.newser.com/story/49733/bofa-knew-of-merrills-4b-bonuses.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 03 Feb 2009 7:02:40 CST