Merrill CEO Won’t Receive $10 Million Bonus

Merrill announced late Monday that Thain will not get a bonus for 2008. In addition, Merrill’s other four top executives, including Gregory Fleming and Robert McCann, will also go without bonuses, the firm said in a statement.

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2010-09-08 17:11

Random Quote

“…Today I can say that we will not need additional funds. These problems are behind us. We will not return to the market.” — John Thain - CEO Merrill Lynch March 2008 (MER)