After a report earlier this week, John Thain is now said to repay the Bank of America the $1.2 million used to redecorate his office according to a Fortune article. The decorations included two "area rugs" which accounted for some $131,000.00
On the Thread: $87,000 area Rug?
RugPro: "I wonder what will happen with those items. I'm thinking there may be
someone out there would pay a lot of money just for what they're
attached to right now."
Riding a Flying Carpet, an 1880 painting by Viktor Vasnetsov. Courtesy Wikipedia
Will John Thain follow through with landing his Magic Carpet Ride?