After he was unceremoniously fired from his post at the newly formed Bank of America Merrill Lynch, for reasons that included paying out big bonuses to ML executives and decorating his office with $1,500 garbage cans, John Thain understood that he would have to recede from the limelight for a bit. Take a job at a smaller firm and keep his head down for a while. Spend more time with his honeybees. Get back to his fighting weight. Drink a raw egg for breakfast every day. Run up and down the stairs of the Met. Work in a hideously decorated space, no matter how much it hurt. Win some awards. Get his confidence back. Let people miss him. Well, Thain did all that. And now? He’s ready for you to make him an offer. Read more »
father of the year
The master of ceremonies made a mistake as he named John Thain one of the year’s finest dads, introducing him as the chief executive officer of Citigroup. “Vikram Pandit will be very unhappy,” Thain said, accepting an award from Father’s Day/Mother’s Day Council Inc. on June 14. “I’m actually the CEO of CIT, which is similar, but not quite the same.”…host Mark Shriver apologized for bungling his introduction of Thain, 57, a former Goldman Sachs president who has been CEO of CIT Group Inc. since February 2010. “I thought it was a misspelling,” said Shriver, senior vice president of nonprofit Save the Children. “It said CIT — I’m like, this has got to be Citi.” [Bloomberg, related]
Oh, man. Being a parent is tough, huh? Constantly worrying about drugs and drinking, and your kids getting caught up with the wrong crowd and all that. And then there’s TV and film. You can’t flip a channel without contracting an STD from some MTV trollop, am I right? And it’s like, you don’t want to be constantly monitoring what they’re watching but sometimes you have to! And it’s not like you’re not going to make mistakes, of course you’re going to make mistakes, everyone makes mistakes. Some are dumber than others, of course, and some are entirely avoidable and will make you look like a straight up idiot but whatever, honestly I’m a parent, I never said I was perfect, I’m just a human being like everyone else. That’s all I am. A government lovin’, prostie bangin’ human.