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john thain bank of america

DAILY BEAST COVERAGE

Excuses Excuses

Excuses, Excuses

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As even President Obama raps the former Merrill CEO for his $1.22 million office renovation, many of his peers are defending what he spent as acceptable. Why Wall Street still doesn't get it.

2:10 PM | Jan 23, 2009
John Thains Top 16 Outrages

John Thain's Top 16 Outrages

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How did Merrill Lynch's former CEO spend $1.22 million redecorating his office? The Daily Beast counts the ways.

3:36 PM | Jan 22, 2009
John Thains  87000 Rug

John Thain's $87,000 Rug

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In a Daily Beast/CNBC exclusive, Charlie Gasparino reveals how Merrill Lynch's CEO spent over $1 million to redecorate his office last year-even as the firm faced a financial crisis.

11:06 AM | Jan 22, 2009
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