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

Romney Considering Wall Street CEO For Treasury Secretary Who Wanted $10 Million For Crashing His Company: The Wall Street Journal reported today 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 [...]/p