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Thain Said to "Repay" for $1.2 Million "Renovations" and Magic Carpets

Thain said to Repay to Right Image


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.

Viktor Vasnetsov Flying Carpet
Riding a Flying Carpet, an 1880 painting by Viktor Vasnetsov.  Courtesy Wikipedia

Will John Thain follow through with landing his Magic Carpet Ride?

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