BTW, how much is he getting a year anyway for just doing his job, if $10 million is just a bonus? Wouldn't keeping the company afloat be part of his job, and not something he gets extra credit for?
http://news.yahoo.com/s/nm/20081208/ts_nm/us_merrill_bonus
Update: NY Attorney General Andrew Cuomo wants answers as to why any company getting bailout money can justify distributing it as hefty bonuses:
http://dealbook.blogs.nytimes.com/2008/12/08/cuomo-urges-merrill-to-reject-bonus-for-thain/
Looks like the media's found someone new to Lynch.