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LATEST VIDEOS
Look Back at BofA, Merrill Takeover Deal
09/16/2009|FOX Business
FBN's Sandra Smith on the anniversary of the merger between Bank of America and Merrill Lynch.
Stabilizing Confidence in a Shaky Economy
09/16/2009|Web Exclusive
Reports show employers are starting to become more optimistic about the job market.
Korn Ferry's Ana Dutra on the impact of good business leaders on employees.
Geithner to Testify on BofA/Merrill Deal?
07/17/2009|Opening Bell
Rep. Patrick McHenry, (R-NC), on why Treasury Secretary Timothy Geithner should testify next on Bank of America's deal with Merrill Lynch.
Thain Strikes Back at Bank of America
04/27/2009|FOX Business
Thain defends himself on Merrill bonuses.
LATEST STORIES
The BofA Head Fake « Emac's Stock Watch
Emac's Stock Watch
… down under fierce criticism over his handling of one of the government’s most controversial bailouts. Merrill's John Thain was also ousted, as well as a number of board directors, after BofA accelerated $5.8 billion in bonuses to Merrill …
Blog|11/17/2009
It Was Ken Lewis Who Tried to Bully Uncle Sam « Emac's Stock Watch
Emac's Stock Watch
… before the Dec. 5 vote. Lewis and his team opted not to use the MAC as a bargaining chip against Merrill to get then CEO John Thain to lower his price on the deal before the vote. BofA had offered a sweet $29 a share for Merrill when the stock was …
Blog|10/01/2009
Troubles Continue to Mount at BofA
| FOXBusiness| Markets
… the eternal thanks of Congress, who showered Sir Lewis with riches and praise. Merrill Lynch’s indebted father, John Thain , joined Sir Kenneth’s kingdom and they all lived happily... Not this time. In the year since Bank of America …
Story|09/22/2009
| FOXBusiness| Markets
… anticipate the financial meltdown that brought his 158-year old firm to its knees, executives at rival firms, like John Thain of Merrill Lynch, were venerated. Merrill Lynch’s timely sale to Bank of America (BAC) saved the firm and its shareholders …
Story|09/15/2009
Where Are They Now? Faces of the Crisis, One Year Later
| FOXBusiness| Markets
… firm out of a midtown Manhattan office and has been seeking clients to re-enter the mergers and acquisition market. John Thain , former CEO of Merrill Lynch. Thain was originally hailed as the savior of storied Merrill Lynch for engineering an …
Story|09/14/2009
Judge Rejects BofA Bonus Settlement With SEC
Reuters| Markets
… closed, when in fact the bank had authorized Merrill to pay bonuses. Rakoff appeared skeptical that Kenneth Lewis and John Thain , the chief executives of Bank of America and Merrill, should not be held to account for the decision not to disclose …
Story|08/10/2009
Four Merrill Employees Leave the Firm: WSJ
| FOXBusiness| Markets
… Merrill is nothing new; when the firm was acquired by Bank of America in early 2009, other executives including CEO John Thain and head of brokerage Bob McCann, also departed. Hundreds of financial advisers also left the company. Within wealth …
Story|07/15/2009
Paulson: Remarks to BofA's Lewis Were 'Appropriate'
| FOXBusiness| Markets
… The MAC clause in the acquisition agreement was reportedly very strong, with some -- such as former Merrill CEO John Thain -- saying that BofA wouldn’t be able to get out of the deal under the conditions at that time. Paulson’s testimony …
Story|07/15/2009
Paulson Comes Out Swinging « Emac's Stock Watch
Emac's Stock Watch
… am Bob Hickerson Ken Lewis got himself caught in his own web. Now, he's trying to throw everybody under the bus: John Thain , Hank Paulson, and Ben Bernanke rather than take responsibility for turning what was once a financial superpower into …
Blog|07/15/2009
The System Was Protected; BofA Shareholders Were Not « Glick Report
Glick Report
… intervention surrounding this deal have gone too far. The thing that I still cannot understand is why the Fed didn't ask John Thain -- who was running Merrill Lynch -- and Ken Lewis to appear together at the Fed and renegotiate the price and terms …
Blog|06/11/2009
