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(Studio: Brian Williams) Merrill Lynch CEO John Thain’s payout of bonuses just before the company was bought out by Bank of America noted.
(Washington: Lisa Myers) The outrage over the actions of Thain, who was ousted by Bank of America CEO Ken Lewis, featured; details given of the investigation of the bonuses and Thain’s expensive redecoration of his office by a celebrity designer. [CNBC editor Charles GASPARINO- explains why Thain was fired.] [Economic Policy Institute Lawrence MISHEL- says he is outraged over the taxpayer bailout.] [Senator Richard SHELBY – says it was a terrible decision.]
- Williams, Brian;
- Myers, Lisa
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