Monday, December 8, 2008

John Thain's Brass Balls And Tin Ears


-Sure he looks dorky, but he has brass balls and tin ears.

Despite the fact that MER stock has plummeted from close to $60 to around $14 in 2008, John Thain is asking for a $10 million bonus.

They used to call him "robot" or something like that... and as I alluded to in the post title, there are some parts of his body that are indeed made of metal.

Anyway, I look forward to a time when bonuses are awarded based on performance again.

5 comments:

Anonymous said...

Isn't he the same guy that destroyed the NYSE?

Dinosaur Trader said...

Indeed, he's the robot who created the hybrid market.

The hybrid market that ruined my life for over a year.

So, yeah, I hate this guy.

-DT

Anonymous said...

Textbook douche case.

Anonymous said...

Ok, I gotta get this off my chest, banking harsh gravy/cabbage in X today.

Dinosaur Trader said...

Yeah, looking good for the close!

We'll see though. This 9000 is acting as resistance.

Nice job in X. You like that dollar weakness, eh?

-DT