R.Brian Burkhardt
One Week ago today John Thain was outsted as the CEO of Merrill Lynch Bank and Trust. Mr. Thain was also the guy who approved the takening on of the troubled assets of the IFDA Preneed Trust and the The Mismanagement Sandal of the Illinois Funeral Directors Association.
It is well known that Bank of America almost stopped it’s purchase last December of Merrill Lynch because of their troubled assets including the Illinois Funeral Directors Association’s IFDA Preneed Trust. Thain also spent over a million dollars remodeling his office as his workers were being fired. He employed the same Decorator as Barack Obama in the White House. This is the character that both the Illinois funeral Directors Association and the Comptroller of the State of Illinois gave a license to handle the funeral cost money of the good folks in Illinois
IFDA=Illinois Funeral Directors Association-bailout
MLBT=Merrill Lynch Bank and Trust- bailout
BoFa=Bank of America-bailout
IFDAPT=IFDA Preneed Trust.
The Illinois Funeral Directors Association IFDA still could be dumped by the Bank of America.
