Merrill Lynch & Co. chief John Thain has suggested to directors that he get a 2008 bonus of as much as $10 million, but the battered securities firm’s compensation committee is resisting his request, according to people familiar with the situation…Merrill has suffered net losses of $11.67 billion this year…
Thain Spars With Board Over Bonus at Merrill - WSJ.com
Is he serious?