Newly crowned CIT Group CEO and noted man of taste John Thain has responded to the snide comments about how he’s planning on decorating his new office by saying he plans to leave it “exactly the way it is” this time around, but that must have been before he got a load of outgoing CEO Jeff Peek’s decorating scheme, with its claustrophobic royal-blue fabric walls, heavy curtains, hideous mahogany trim, and permeating smell of of Gold Bond Medicated Powder (we imagine), at left. Holy moly. [Dealbreaker]