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Thain's bonus argument is false.
Thain's argument about paying out bonuses is false. There is no reason to pay out bonus to managers and executives that caused the company to meltdown. The company was collapsing and going out of business from decisions they made. There's no reason to retain for a company that is not going exist the next day. Money is the one resource that is SOLD to all of us that we depend on to buy other goods and resources. Humans like Thain, Lewis, and all those other bankers should be monitored closer by the so called finical media.