I think this is some good news. John Thain realized how myopic he was and
removed his request for a bonus.
Yesterday, the bastard asked company directors to pay him a 10 million dollars bonus for keeping Merrill Lynch out of the water. That request didn't sit well with anyone, including folks in the government. But all of a sudden, he changed his mind.
I guess the Ghost of
I'm Gonna Knock Your Ass Out visited him last night.
Good for you, John!
How about offering him a dental plan instead! Yikes!
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