Thay It Ain’t So! Merrill Chief Loses Part of BonusFINANCE
• The falling market has shaved off a big chunk of Wall Street hottie John Thain’s compensation. Don’t worry, Thainie-boy, we still love you. [DealBook/NYT]
• Wondering what the hell’s happening in the markets? Watch one trader lose his life savings in a single day. (NSFW) [Crossing Wall Street]
• Ex–Goldman banker becomes underwater gravedigger. Say what? [NYT]
