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1. www.nytimes.com › 2015/10/22 › businessTimeline: The Rise and Fall and Rise of John Thain - The New ...

   www.nytimes.com › 2015/10/22 › business

   Oct 21, 2015 · By Liz Moyer. Oct. 21, 2015. John A. Thain, who will retire as chief executive of the CIT Group in March, has had plenty of ups and downs in his career on Wall Street. After guiding CIT’s ...

2. en.wikipedia.org › wiki › John_ThainJohn Thain - Wikipedia

   en.wikipedia.org › wiki › John_Thain

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   Upon joining Merrill Lynch, Thain received a $15 million signing bonus. The firm announced that Thain would receive at least $50 million a year and could be paid as much as $120 million a year, based on the company's stock price.

   • Occupation(s): Financial executive, investment banker
   • Political party: Republican

   • Born: John Alexander Thain, May 26, 1955 (age 68), Antioch, Illinois, U.S.

3. People also ask

   What is John Thain's net worth?

   • His net worth is thought to sit at around $120 million, to again prove another executive who didn’t suffer financially following the Great Recession. John Thain took over as CEO of Merrill Lynch and quickly became well known for spending $1.2 million to renovate his office during the downturn.

   5 CEOs with the Biggest Payouts During the Global ... - Investopedia

   www.investopedia.com/investing/5-ceos-biggest-payouts-during-global-financial-crisis-bailouts/

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   How much is Thain Thain's net worth compared to Lehman Brothers?

   • Thain’s estimated net worth is around $100 million. He had more success taking lender CIT out of bankruptcy, and on the path to recovery. Lehman Brothers was a rare victim during the financial crisis in that it was allowed to go completely bankrupt. Dick Fuld was at the helm in September 2008 when Lehman closed its doors.

   5 CEOs with the Biggest Payouts During the Global ... - Investopedia

   www.investopedia.com/investing/5-ceos-biggest-payouts-during-global-financial-crisis-bailouts/

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   Who are John and Carmen Thain?

   • Thain and his wife, Carmen, are both active members of the NYBG Board. Their philanthropy includes helping the Garden restore and preserve its 50-acre old-growth Thain Family Forest. Yale University – John and Carmen Thain established the "Thain Family Café", which is part of the Yale University Anne T. and Robert M. Bass Library.

   John Thain - Wikipedia

   en.wikipedia.org/wiki/John_Thain

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4. www.investopedia.com › investing › 5-ceos-biggest5 CEOs with the Biggest Payouts During the Global Financial ...

   www.investopedia.com › investing › 5-ceos-biggest

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   Dec 30, 2022 · John Thain—Merrill Lynch (Photo: Adobe Stock) John Thain took over as CEO of Merrill Lynch and quickly became well known for spending $1.2 million to renovate his office during the downturn.

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5. money.cnn.com › 2009/01/24 › newsJohn Thain and the curse of being No. 2 - Jan. 24, 2009

   money.cnn.com › 2009/01/24 › news

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   Jan 24, 2009 · (Fortune) -- Even before the revelations of the undisclosed massive losses, the early payment of billions of dollars in bonuses, and the delicious $87,000 rug, John Thain's days at Bank of...

6. Videos

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     John Thain on the Financial Crisis and Beyond, Part 1

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     Jun 14, 2018

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7. www.npr.org › john_thain_symbol_of_wall_st_eJohn Thain, Symbol Of Wall St Excess, Back On Top

   www.npr.org › john_thain_symbol_of_wall_st_e

   Feb 8, 2010 · Thain could also receive up to $1.5 million in bonuses based on the performance of the company. The board of directors will determine whether to award the performance-based bonuses....

8. abcnews.go.com › Blotter › WallStreetThain Tells All on Merrill Lynch Bonuses - ABC News

   abcnews.go.com › Blotter › WallStreet

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   Jan 27, 2009 · John Thain, former CEO of Merrill Lynch, finally revealed the names of the executives who received multi-million dollar bonuses on the eve of his failing firm's merger with Bank of America, ABC News has learned.

9. www.cbsnews.com › news › former-merrill-ceo-out-atFormer Merrill CEO Out At Bank America - CBS News

   www.cbsnews.com › news › former-merrill-ceo-out-at

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   Jan 23, 2009 · John Thain resigned under pressure from Bank of America on Thursday after reports he rushed out billions of dollars in bonuses to Merrill Lynch employees in his final days as CEO there, while...