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John Thain's $87,000 Rug

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.

articles/2009/01/22/john-thains-87000-rug/gasparino-thain-1_11489_gm6nep
Andrew Harrer, Bloomberg News / Landov

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