Comment on John Thain admits $1.2m office redecoration 'a mistake'

John Thain admits $1.2m office redecoration 'a mistake'

In a memo to all the staff at Merrill Lynch, obtained by FT Alphaville, John Thain defended last year's decision to sell the investment bank to Bank of America and admitted move to redecorate his office at the cost of $1.2m was "a mistake"

 

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