Thain says hid nothing from BofA
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20090126/2009_01_26t084604_450x300_us_thain_reimburse.jpg?x=130&y=86&q=85&sig=_LpqV_OL2PqmDk.RylU_Cw--" align="left" height="86" width="130" alt="John Thain, CEO of the NYSE Group, speaks at the Reuters Exchanges and Trading Summit in New York May 8, 2007. (Eric Thayer/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090126/bs_nm/us_bankofamerica_thain)Reuters - Former Merrill Lynch Chief Executive John Thain defended the acquisition of the brokerage by Bank of America Corp and said the bank knew of Merrill's losses and bonuses before the merger closed.</p><br clear="all"/>
http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090126/bs_nm/us_bankofamerica_thain