Wall Street Manna

An irreverent look at Wall Street

Friday, February 27, 2009

John Thain didn't reimburse Bank of America


Remember John Thain's commode with legs?

His $1.2 million dollar office renovation?

Remember how John Thain said he "intends to repay Bank of America?"
http://www.thedailybeast.com/blogs-and-stories/2009-01-22/john-thains-87000-rug/



John Thain didn't give the money back. Here's his words from the above clip.

"I will make it right, I will reimburse the company..."

And like a good banker, John Thain, once again "misspoke!"

Last week, when Thain met with investigators, he wouldn't answer any bonus questions in regard to his previous employment with BofA.

Which is why BofA won't answer any questions about Thain's non-reimbursement of his office!

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