John Thain might as well be Bernie Madoff. This is such a travesty. While Thain misused government funding I also blamed the govenment for lack of oversight. Shame of you, John. You, like some many of your colleagues, are poster children for the demise of free enterprise in America.

And here is another one. Citibank just purchased a 50 Million dollar private jet. Now they have 2. I wonder if I can book a flight on it since we now all own part of it. We should be able to get a discount on our home and auto insurance from AIG, since we now own it. We as tax payers own so much abd yet we are so very poor. I am off to Walley World.

DiAnne you and I should take a vacation. How weird is this?

Government is just giving it away....why not get your share. I'm so disgusted with the way business and government is run that I'm trying to sell my home in the midwest and move to Mexico.

Both BofA AND ML are in some real denial here over the seriousness of this situation. Lewis needs to be the next to go. ASAP. Added insult, The FED ought to be ashamed of itself for not digging deeper into this mess BEFORE they blindly assigned yet ANOTHER 45bil to BAC. Everyone- asleep at the wheel. No excuse. Not one.

Who is the biggest FRAUD and CRIMINAL ? The MADOFF CRIME FAMILY (who reamin free when they should all be in RIKERS ISLAND PRISON), the judge allowing MADOFF INTERNATINAL CRIME FAMILY to remain FREE or perhaps GREESPAN of the private for porfit Fed Reserve Banks Companies that profit on he back of AMERICANS and USA economy ? Now we have Thain to consider in the mix. $1,200,000 for his private office? Most poeples homes and entire net worth will never approach $1,200,000 and this Wall Street manic was handeling their retirement accounts ?

REGULATIONS that Ronald RAY-GUN trash have got to be reenacted. INSURANCE companies, airlines even CABEL TV transmission companies are robbing AMERICANS blind.

The FRENCH Citizens know what to do with self appointed sef-absorded, self-enriching KINGS and QUEENS and INCOMPETENT GOV officals ...

another fine mess obama has got the citizen's into...He probaly bought the rug off of bar...rack his-self...

this smell's like obama involvment...just can't put my finger on it.....oh yea...the rug,,,,bought from bar....rack!!!!!

danno-- Your a fool and an idiot fo&d.

Personally, I am still awaiting the indictments and prosecutions that should be taking place. How much difference is there between Madoff's Ponzi Scheme verus the pyramid and Ponzi schemes and other BALATANT FRAUDS that the CEOs have orchestrated, presided over, and perpetuated that have been based on "wothless" financial papers", and therefore blatant frauds.

Is there really that much difference between Madoff and the corrupt CEOs? I truly think not. Oh, they try to "dress it up" but it was still FRAUD and they damn well KNEW what they were doing . . . and they were paid TENS and HUNDREDS of MILLIONS of dollars to "manage it all".

When are the truly guilty going to be indicted . . . and their ill gotten gains returned to the corporations and stockholders???

Congress needs to address all f these matters expeditiously.

GUYS LIKE JOHN THAIN NEED TO SEE SOME JAIL TIME! ... THEY ARE CROOKS, PLAIN AND SIMPLE!!!

I wonder how this "CREEP" sleeps at night? A million dollar bed? I would love to see him explain his actions to a "Higher Power!"

Interesting ! Laughable ! Crying isn`t going to get us out of this one.

One economy after the other is in a FREE
fall. Only this freebie, isn`t free, and has some very long term adverse effects, that are far reaching.

How does one laugh and keep a straight face ? By helping them to carry their money to the nearest bank. They should then hope their bank isn`t in the cross hair of WAMU. TRY TO HAVE A LOVELY DAY. AND REMEMBER WHEN YOU SMILE THE WHOLE WORLD SMILES WITH YOU.
The latter may just be wishful thinking at this critical time.

This man was wildly impressed with himself and believed that he was indisposable, I think they call it arrogance.

Jeff

What everyone here fails to realize is that John Thain and the rest of the greedy CEO's don't care what you and I think...THEY DON'T CARE. They make their own rules, and determine their pay, and they couldn't give a damn about some guy who just lost his job or 1/2 of his 401K......We're the Little People...and they don't care. Period!

Hard to understand why you all get so bent out of shape when the CEO of a private company over spends, but then are willing to place so much faith and trust in a congress and president that pisses away your tax dollars by the trillions on frivilous crap (ie 50 milliion for "the arts") and a new basketball court for Obama's new home. At least Thain's purchases were for company assets, unlike the money Nancy Pelosi wants to spend on abortions and which she continues to claim are for the purpose of stimulating the economy. I think that the entire country has lost it's mind.

WE the taxpaying "real people"being aken for the biggest ride in history so-far.
and if we dont act and vote the scum out this and every election they wil continue to rape us...

These CEOs are pikers compared to Obama's financial advisor and friend of bill clintons Franklin Raines.
He embezzeled possibly billons of dollars from our government. I guess because he is a democrat and a friend of Obama and clinton it's OK. Google Raines to find out all of the thievery. There is to much to list here.

Someone wrote. Its is a private company whats the big deal with him doing that to his office. The big deal is he is asking for OUR MONEY TO BAIL THE COMPANY OUT.He gave 4 billion in bonuses and then asked for a handout from US. This is crazy, the bonuses should be repaid NOW. And all the CEOS replaced. This is way we are in this mess. GREED..GOD BLESS