Romney Considers Wall Street CEO For Treasury Secretary
"The Wall Street Journal reported on Monday 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 by Bank of America, and then paying out bonuses ...
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