"We decorated it in the style that Merrill Lynch offices were, which was very, very nice . That...

|About: Bank of America Corporation (BAC)|By:, SA News Editor

"We decorated it in the style that Merrill Lynch offices were, which was very, very nice ... That was a mistake, and I’m sorry that I did that. If I had that to do over again, I’d furnish it in Ikea." - John Thain, former Merrill Lynch (BAC) CEO, who spent $1.2M in office redecorations in the midst of the crisis. (He says he has reimbursed the company.)