Merrill Lynch’s John Thain lands new job with CIT
• Thain was criticised over expensive office refurbishment • Role as head of the troubled US lender could net him $6m
The former Merrill Lynch boss John Thain, who was ousted a year ago amid a furore over lavish office expenditure, has won a chance to rehabilitate his career by landing a $6m-a-year (£3.8m) job as [...]
