Posted by WSF On July - 31 - 2008

Merrill Lynch’s John Thain bought 500K shares of stock in Tuesday’s offering at $22.50 a share. With the stock closing at $26.65, he’s up over $2 million on paper. Other insiders who have so far profited handsomely are Merrill president Greg Fleming and brokerage head Robert McCann. Each of them bought 100K shares.

Thain Bought $11.3 Million of Merrill Stock in Sale – Bloomberg

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Nice timing: Merrill’s John Thain is already up over $2 million on the stock he bought on Tuesday

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The Daily Show’s Jon Stewart calls Apple “Appholes” after the cops stormed a Gizmodo guy’s door

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Video: Excellent interview with Bill Ackman; He’s on team Goldman, and comes out in their defense

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VIDEO

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