Merrill Lynch CEO Fights for Bonus

In the middle of these economic hardships that has resulted in job losses that tip the scale and sinking corporate profits, many high-profile executives are opting to do without their bonuses this year. But Merrill Lynch CEO John Thain, (whose company just received shareholder approval to be sold to Bank of America), is in a dispute with Merrill Lynch's board over whether he should get a $10 million check. Millions loose jobs and he's fighting a million people for $10 million...so sad!