Editor’s Note
Back in the old days — that’s less than a decade and before there were such things as blogs and interactive conversations with readers — editors used to respond to their newspaper readers with an “editor’s note.” Sometimes it clarified a point made in a letter to the editor. Sometimes it offered a correction. Sometimes it was just a simple explanation. An editor’s note was a handful of sentences; maybe a four or five paragraphs. It was always a personal link between the editor and the reader. Only difference between it and today’s blog is the immediacy and the platform. Welcome to Editor’s Note.

Could you make do with $83 million a year?

January 23rd, 2009 at 05:23pm Linda Grist Cunningham

I’m pretty sure I could. That’s what former Merrill Lynch CEO and now former Bank of America honcho John Thain made at Merrill Lynch in 2007. Thain resigned from BOA this week following reports that he pushed through executive-level bonuses at Merrill Lynch just before it was taken over by BOA the first of January.

In an earlier post this week I asked how he could sleep at night. Thought you might appreciate this Associated Press story that comes to the disheartening conclusion that these wizards of finance are slow to get the message: The obscene gravy boat done cracked.

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