Saturday, January 24, 2009

TPMMuckraker | Talking Points Memo | John Thain's Top Ten Greatest Moments

Here, read about a Rush Limbaugh's Corporate CEO hero. And had we elected McCain and the Slaughterers Daughter, we would have had this clown running the Treasury Department. For years Rush has raved about how these guys were the true hero's of America's economic might. And to think Rush has millions listen to him daily.



TPMMuckraker Talking Points Memo John Thain's Top Ten Greatest Moments: "If there's one corporate honcho who's emerging as the poster boy for all the varied Wall Street sins that the financial crisis has exposed -- not just greed, but callousness, obliviousness and general incompetence -- its Merrill Lynch's former CEO John Thain.
Over the last few days, the revelations about Thain's mismanagement of Merrill have been coming thick and fast -- culminating with his ouster yesterday as an executive at Bank of America, which bought Merrill at the height of the financial crisis last September.
Thain, a top John McCain backer who was tipped as a candidate for a White House post had the Arizona senator won the presidency -- has amassed quite a record in his short time at Merrill. Lavish personal spending, absentee leadership, bonuses for billions in losses -- it's almost been too much to keep track of."

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