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This link seems to be a continuous feed of news from MSNBC. If anyone can post a different link, please do so.
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I am sickened when I hear about the money he wasted on his new office...good grief - do these people have no sense of what's going on in the real world???
I am sickened when I hear about the money he wasted on his new office...good grief - do these people have no sense of what's going on in the real world???
They have not learned apparently.
Kenneth Lay spent millions on numerous exquisite renaissance art pieces.
Mr. Lewis has learned. Why do you think Thain is gone? I don't think he voluntarily left.
He drove Merrill into a 15Bil loss in the 4th quarter. And cnbc yesterday was reporting that Thain paid Merrill's bonuses early, before the merger on Jan 1.
Class act if you ask me.
Also. If you look at his list of stuff in his office, he paid like 1400 for a crapper on legs. I know they can get expensive but after all, why pay 1400 when he could have just walked down the hall?
Mr. Lewis has learned. Why do you think Thain is gone? I don't think he voluntarily left.
He drove Merrill into a 15Bil loss in the 4th quarter. And cnbc yesterday was reporting that Thain paid Merrill's bonuses early, before the merger on Jan 1.
Class act if you ask me.
Also. If you look at his list of stuff in his office, he paid like 1400 for a crapper on legs. I know they can get expensive but after all, why pay 1400 when he could have just walked down the hall?
For what he paid, he could have had a whole new suite added to his office and a spa plumbed in the bathroom.
In todays high prices it would seem fitting that the CEO of a company would be entitled to a $1,400 commode. But what frosts me is the actual price of the commode.
"CNBC has also learned that Thain spent $1.22 million redesigning his office — including $35,115 for a "commode on legs" — when he became CEO of Merrill Lynch a year ago. "
This truly chaps my hide...how was this done under BoA's radar screen? Granted the deal was not final at that time, somebody at BoA should have caught this during the due diligence. Somehow I think a BoA insider knew about these bonuses being released and got silenced. I know that BoA still is in the toilet but I think the ML acquisition has put them from the toilet straight into the sewer.
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Commode Update
I know that BoA still is in the toilet but I think the ML acquisition has put them from the toilet straight into the sewer.
