At long last John Thain, former head of the New York Stock Exchange, former CEO of Merrill Lynch and one of the “big pieces of stuff” at the Bank of America has finally been thrown out on his ear, but not before spending more than 1.2 million dollars sprucing up his office at the lending institution. Don’t forget he was also the deluded dunderhead who asked for a 10 million dollar bonus as Merrill Lynch was sinking faster than an elephant in quick sand.
Thain’s total disregard of the planet he has been living on brings to mind Dennis Kozlowski who was convicted of crimes (greed, malfeasance, stealing company funds) while CEO of Tyco. These two men did what they did more than likely ‘because they could’. In the currency of global financial meltdown, Thain’s disregard of cold, hard reality of where he was and the trust he was given is worse than shooting himself in the foot-it’s more like committing hari-kari.
I have to say with all due respect to those who purport to offer counsel-financial, psychological or spiritual- to the millions of us who are in this reconstruction together; the bible says ‘if I ask for bread would you give me a stone?’ In the sensibility of my Southern roots, ‘if I need sustenance, basic manna, why would you keep offering platitudes? It is time for all of us to realize that the bottom of ‘the way it was’ is when no one is left like Thain or Kozlowski to take advantage of the hopelessness that we have been feeling. In recovery circles we are wont to say, “If you want to be fed, pick up the hoe.”
Hoe, anyone?
I am Albert Gaulden and I approve of this message
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Albert Clayton Gaulden is the founding director of the Sedona Intensive and author of You’re Not Who You Think You Are: A Breakthrough Guide to Discovering the Authentic You. For more information about Albert and Sedona Intensive visit http://www.sedonaintensive.com.
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