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Good to hear not all is lost. John Thain sounds like a great pic. I don't think the Ceo's of the other companies should be walking away with a dime. I hope this bail out does not hold taxpayers responsible for paying the debt back. The institutions should pay the money back, as they recoup from this disaster. Nothing like running a company into the ground, and walking away with millions. Only in American.

Criticism is part of the people’s attitude in a society. When there is new and is not common, we usually have so many doubts about his organizational leadership skills or its stewardship. Even in launching new products to the market, in which part of the marketing strategy is to convince and attract the people to buy some because of the good quality it has. It seems that the executive classes that helped to create the recession so many of us are suffering from right now are trying to be rewarded for their indiscretion. In a recent article, the Wall Street Journal reports that Merrill Lynch CEO John Thain is looking for a $10 million bonus payment. This is after the company he was hired to run had almost completely run out of cash, and was facing bankruptcy. The situation was so desperate that he had to ultimately sell the company to Bank of America to keep it above water. New York State Attorney General Andrew Cuomo has called it "nothing less than shocking," and that is a fair assessment, to say the least. Not many of us get rewarded for failure. In fact, a lot of people get fired for it. Perhaps those at the highest positions of power should receive the same treatment as those of us down the ladder. Click to read more on Payday Loans.

Mr. Thane has a total disregard for the average Joe. He is an elitist snob who carries himself like Prince Charles. I would rater Rush Limbaugh take the job.