NZ shareholders will be hoping that their $500,000 boardroom table is a better investment than a$1400 rubbish bin
John thain
Former Merrill Lynch CEO: “I should’ve gone to Ikea”
Former Merrill Lynch CEO John Thain now regrets buying a $68,000 antique credenza and $1400 wastebasket for his office after the company lost $15.3b and was bailed out by the government.
Merrill raids the cookie jar
There been nothing as offensive as the way Merrill Lynch bankers raided their company’s accounts in the days before its takevoer, writes Glenn Dyer.
