Another candidate for Real Men of Genius. John Thain, former Merrill Lynch CEO and BoA exec.
I’m actually conflicted by this one.
John Thain was very good to the Merrill Lynch shareholders when he sold (actually ripped off) Bank of America in last year’s acquisition.
Just before becoming an executive at BoA he doles out Billions in bonuses at Merrill, which at the time was bleeding losses. BoA then goes on request and get $20+ Billion in govt bailout money. He goes on to spend nearly $1M redecorating his office at Bank of America. Unbelievable!
