soxfirst
Merrill Lynch's money mismatch
Filed in archive executive pay by leon on August 22, 2008
money.jpeg


It has not been a great year for Merrill Lynch with New York State Attorney General Andrew Cuomo moving to sue the firm for allegedly misleading investors over auction rate securities. Things are so desperate that Merrill Lynch is now relying on sovereign wealth funds to bail it out of the financial mess that it created.

So what do we make then of news reports showing that Merrill Lynch's John Thain is the second-highest paid chief executive officer at $83.1 million. Enough money to ease his pain. Pity investors haven't enjoyed the same level of comfort.

Permalink: Merrill Lynch's money mismatch
Tags: Merrill  Lynch  John  Thain  83.1  million  merrill  merrill+lynch 
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/132088
img Addthis img Ask img Blinklist img del.icio.us img Digg img Fark img Facebook img Google img Lycos img Ma.gnolia Add this page to Mister Wong Mr Wong img Netscape img Netvousz img Newsvine img Reddit img StumbleUpon img Slashdot img Tailrank img Technorati img Wink img Yahoo

Vote for Merrill Lynch's money mismatch:

  • Currently 8.50/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 8.50 out of 2 vote(s) cast.
 
Subscribe
Share It
RSSrss
See all blog subscribe options
Google google
What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter

TwitterFollow us on Twitter!