Romney Considering Wall Street CEO For Treasury Secretary Who Wanted $10 Million

[eridani]

--For Crashing His Company

http://thinkprogress.org/economy/2012/10/01/934361/romney-thain-treasury/

The Wall Street Journal reported on Monday that Mitt Romney’s potential list of nominees for Treasury Secretary includes John Thain, the former CEO of Wall Street investment bank Merrill Lynch who now heads CIT Group. Thain is perhaps best known for overseeing Merrill Lynch as it fell apart during the 2008 financial crisis, necessitating a rescue by Bank of America, and then paying out bonuses to his failed bankers anyway.

But Thain didn’t only think his employees deserved huge bonuses for their role in the financial crash — he also believed that he should be paid $10 million during a year that saw his company lose $11 billion and get bailed out by another bank:

[Sunlei]

1. Romney's playing a very expensive waste of time, political game and soon the game will be over.

He will be back to considering what home to spend the week at and how many of the 50? grandkids to invite.

America will have another 4 years of sour grapes angry loser ultra-conservatives, taking over the 50 states

[TroyD]

3. I don't believe in getting overconfident

We still have several debates to get through, 5 more weeks of campaigning, possible electoral theft and potential for more trouble in the Middle East.

On top of that, the Quinnipiac Poll today shows Romney is actually ahead of Obama with Independents, so let's not let our guard down.

[liberal N proud]

2. If Romney gets in office, his cabinet will be filled with big money people and cronies

The cabinet will be filled with people who bought the position just like he would have bought the White House.

If Romney is in the White House come February, he will have stolen the election, purchased with the voting companies and republican operatives in key states like Ohio and Florida.

[PADemD]

4. This guy?

According to documents reviewed by The Daily Beast, Thain spent $1.22 million of company money to refurbish his office at Merrill Lynch headquarters in lower Manhattan. The biggest piece of the spending spree: $800,000 to hire famed celebrity designer Michael Smith, who is currently redesigning the White House for the Obama family for just $100,000.

Big ticket items included $87,000 for an area rug, four pairs of curtains for $28,000, a pair of guest chairs for $87,000 and fabric for a "Roman Shade" for $11,000.

The other big ticket items Thain purchased include: $87,000 for an area rug in Thain's conference room and another area rug for $44,000; a "mahogany pedestal table" for $25,000; a "19th Century Credenza" in Thain's office for $68,000; a sofa for $15,000; four pairs of curtains for $28,000; a pair of guest chairs for $87,000; a "George IV Desk" for $18,000; six wall sconces for $2,700; six chairs in his private dining room for $37,000; a mirror in his private dining room for $5,000; a chandelier in the private dining room for $13,000; fabric for a "Roman Shade" for $11,000; a "custom coffee table" for $16,000; something called a "commode on legs" for $35,000; a "Regency Chairs" for $24,000; "40 yards of fabric for wall panels," for $5,000 and a "parchment waste can" for $1,400.

http://www.thedailybeast.com/articles/2009/01/22/john-thains-87000-rug.html

[ehrnst]

5. CEO of Walmart: Ambassador to China...

Rush Limbaugh - FDA, Check.

Scott Walker - NLRB, Check