Sunday, January 25, 2009

Merrill Lynch CEO John Thain's $35,000 "commode on legs"

Wanna know where some of that No Banker Left Behind Act loot is going to? The next time you go grocery shopping and recoil at the most recent price increases on food, cheer yourself up by remembering that all of OUR money going to help those poor, poor dears on Wall Street is making inflation take off.

But be happy that your income is being used to help multi-millionaires and billionaires make it thru these hard times.

After all, a billion dollars ain't worth what it used to be, so keep giving America. Give until it hurts!!

Here's what a $35,000 dollar shitter looks like. Now off to your second or third part time job, peasant, we need MORE of your money!

Merrill Lynch CEO John Thain's $35,000 "commode on legs" 01/23/2009

John Thain became Merrill Lynch’s CEO in early 2008, he hired Michael S. Smith Design to revamp his office suite, spending approximately $1.22 million, let's review what he bought, its fun.

So what did he spend $1.2 million on, here's the list:

Area Rug $87,784
Mahogany Pedestal Table $25,713
19th Century Credenza $68,179
Pendant Light Furniture $19,751
4 Pairs of Curtains $28,091
Pair of Guest Chairs $87,784
George IV Chair $18,468
6 Wall Sconces $2,741
Parchment Waste Can $1,405
Roman Shade Fabric $10,967
Roman Shades $7,315
Coffee Table $5,852
Commode on Legs $35,115

Thain also paid his driver $230,000 for one years work, which included the driver's $85,000 salary and bonus of $18,000, and another $128,000 in over-time pay, documents show. Drivers of top executives are often paid about half that amount.

Regarding the $35,000 "commode on legs", it's not a honey bucket but rather a chest of drawers on legs introduced by the French in the early 18th century.

Back in the day the "commode on legs" were used to store chamberpot in the drawers underneath. Then when they developed enclosed rooms to do your business, though there was no indoor plumbing so you were basically sitting on a giant removable chamber pot, these were also called commodes.

"Yesssem, times shore be tuff for those billionaires."

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