Thursday, January 22, 2009

Merrill Lynch CEO Spent $1.2M on his Office...Decorated by the Obamas' WH Decorator

The interior design websites I read have been excited about the Obamas' choice of designer for the White House, Michael Smith. His work is certainly beautiful. Behold:

Where can I get this mirror?!

This is the same Michael Smith who was paid $800,000 to decorate Merrill Lynch CEO John Thain's office. Whoa, pricey decorator! Thain spent $1.2 million on his STUPID OFFICE, while the company was getting ready to slash jobs and all that good stuff. The report says 2 chairs were $87,000 and a trash can was $1400. I really great angry hearing stories of the lavish spending and bonuses of these CEOs who've run their company into the ground. REDIC!


Meg said...

Oh hai Laura! I just stumbled on your blog, linking from Megan's. Gosh, it's been a LONG TIME! Anyway, hope all is well. What a cute blog.


Sarah Danielle: Jeune Marie said...

Agreed! His work is beautiful, but $800k on an office?? That's a bit much! :)

Tina said...

wow that living rooms is so perfect! and agreeing with you on the office decor bill, "if you gonna do that, pay it with your own money!"

annechovie said...

I hear ya! Thanks for entering my give-away and happy v-day!

GrannySmithGreen said...

Check out Cote de Texas' post on this very same thing, if you haven't seen it already. It's an eye-opener! Doesn't Smith do a beautiful job?

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