- JOHN-THAIN
 Former
Merrill Chief's $1.2 Million Office Redecoration Revealed...
Spent $87,000 On Rug - Bank Of America Forces Him Out John Thain's
$1.2 Million Redecoration: bama Decorator, $87,000 Rug »
The Daily
Beast | Charlie Gasparino | January 22, 2009 at 12:09 PM - In
early 2008, just as Merrill Lynch CEO John Thain was preparing
to slash expenses, cut thousands of jobs and exit businesses
to fix the ailing securities firm, he was also spending company
money on himself, senior people at the firm say. According to
documents reviewed by The Daily Beast, Thain spent $1.22 million
of company money to refurbish his office at Merrill Lynch headquarters
in lower Manhattan. The biggest piece of the spending spree:
$800,000 to hire famed celebrity designer... http://www.huffingtonpost.com/
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BANKING RESCUE, REDUX Treasury
Secretary Timothy F. Geithner’s speech and testimony drew
a lukewarm response.
