It bonus time in corporate American and we are about to see where that bail out is going to take us.
The first ass I've bothered to report on: John Thain of Merrill Lynch. His company was on the conveyor belt heading for bankruptcy right after Lehman Brothers. But John has asked his beleaguered company for a $10,000,000 dollar bonus. Because he's just that damn cool (insiders say he felt that without his guidance the company "could have done worse."
More surely to be added to this last in the weeks to come. As I bother to report them.
