Skip to content, or skip to search.

Skip to content, or skip to search.

white men with rugs

John Thain Out at Merrill Lynch

Doesn't this look like fun?

In the face of massive, Merrill Lynch–related losses at Bank of America and on the back of Charlie Gasparino's report that he spent over a million dollars redecorating his office this year, Merrill CEO John Thain has officially resigned from BofA. Will he get to keep the $87,000 rug? [Clusterstock, WSJ]

0
Photo: Getty Images