A 10 million dollar bonus for what!? Ok, he was able to keep the company afloat (for the time being). Why would this be grounds for giving him a 10 million dollar bonus? If someone offered me 10 million dollars you bet your bottom dollar I would take it…the difference between myself and John Thain is simple…he must have more than one home where as I don’t have one. (I rent a house). John most likely has a good savings account in which I do not. What would I do with 10 million dollars? I would buy a house that fits me, my husband, 2 kids (would like one more), our dog and cat. I wouldn’t spend more than 350 on a house… I would pay off my vehicle, pay off the small amount of debt I have because I don’t have a lot-because I don’t need to buy all the things that people feel define them…coach bags, prada…etc. I would open a savings account for both of our children. At least 1 million each. Since both our parents own their homes out right I wouldn’t have to pay off their mortgages, my mom owns her car out right, but its not so good so I would buy a new car for her out right. I would give the 3 of my sisters 10,000. each. Give my husbands brother and sister 10,000 each. I would give our parents 15,000 each (possibly more) I would put a really good chunk of it away for savings.like 7 million. I would donate to veterans/ soldiers and their families in need. I would do something for families who try hard like my family and can’t get ahead no matter how hard they work and try. Everyone deserves to not worry about their home not being there. This John Thain I”m sure has NO worry that he might not make a mortgage payment. Although he might since most people like him have more than one home and have debt coming out of their arses…but whos fault is that for living WAY beyond their means?He has no worry that he won’t have enough money to pay all the utilities, heat his home AND get food (HEALTHY FOOD)on the table for his kids. Would I like to take a vacation somewhere with my kids? You bet! But I wouldn’t need a yacht to take me their or a private jet. I wouldn’t even need to fly first class. I might even just drive if its not too far! Do I need to stay in a 10,000 dollar a night hotel? No…for what reason? To do the same exact $h!t I would do in a $100 a night hotel? SLEEP! Should John Thain be punished for being successful? ABsolutely not. Should he enjoy his good fortune? ABsolutely. Why not try and make as much money as I possibly can? And of course…I would want to make more than $30,000 a year. But Do I need to make a million dollars a year? What for? What would be the point of it? So I can buy a house with rooms that I might not see in a year? So I can have 10 cars that I might not drive at all? ( I can see if someone is an avid collector I suppose–a hobby perhaps) But is it TRULEY necessary to have a bowling alley in your house? (NOT saying John Thain does–but celebrities fall under this category of GREED too) Our country (World) is being destroyed because of peoples Greed. There is nothing wrong with enjoying your life to its fullest, traveling, having a hobby and so forth…but who is with me when I say MANY people have been stretching that to a point of absurdity? I’m FAR from jealous so I hope not a one person makes that statement….because I am in LOVE with the life I have…I have an incredibloe husband and 2 beautiful kids, we make enough to get by for now…would I like to have enough so that I wouldn’t be “scraping” by…yes.; but all in all, I am pretty damn content with the life I live. I don’t hurt anyone or trample on anyone to get what I need either. Or ask for a ridiculous amount of money for bonuses…
Merrill Lynch & Co Chief Executive John Thain looking for bonus?
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Mar
trer
March 10, 2010 at 7:18 pm
It’s just another example of how the rich and elite do not live in the same world as the rest of us. Maybe he deserves that $10 million if we were in a good economy, but he should have taken a long look at the situation the world is in and realize so many people are losing their jobs/homes/etc before making a request for a $10 million bonus. I’m quite sure he’ll survive if he doesn’t get it. Survive comfortably, I might add. After all, he did get a $15 million signing bonus when he was hired, did he already spend all of that already?