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Monday, December 8, 2008

Merrill Lynch CEO Request $10 Million Bonus

"Senate Majority Leader Harry Reid slammed Merrill Lynch CEO John Thain on Monday for requesting a $10 million bonus -- subsidized by taxpayers -- just two months after receiving $10 billion in bailout money from the federal government" - FOX News

Are you kidding me!!!! How in the world can a CEO expect to get any kind of bonus when you run the company so far into the ground that we have to bail you out?

"On Oct. 14, the faltering investment bank received $10 billion from the Troubled Asset Relief Program to save itself from falling into bankruptcy." - FOX News

I think that we should require them to fire this SOB or prosecute him for attempting to steal the taxpayers money that we gave him to bailout his pathetic company. This is what is wrong with bailing out this companies. They feel entitlement to the money.

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