Merrill Lynch (MER) CEO Will Seek No Bonus, Perhaps Board Will Reward Him Anyway

Merrill_3After it was reported that Merrill Lynch (MER) CEO John Thain was after a $10 million bonus he was viciously attacked by everyone from the media to NYS Attorney General Andrew Cuomo.

Late today, according to The Wall Street Journal,  Thain’s people said he told the board he wanted nothing. Perhaps now the compensation committee at the big broker can be magnanimous and give him a few million dollars anyway.

Douglas A. McIntyre

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