Friday, January 23, 2009

Merrill Lynch CEO Spent $1 Million on Office Decor Last Year

Merrill Lynch’s CEO John Thain spent over $1 million and hired the Obamas' decorator to redecorate his office last year—even as the firm faced a financial crisis. Bank of America has just announced that Thain will leave the firm, less than a month after its merger with Merrill.

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