Commode on Legs!

John Thain leaves Merrill Lynch today after dubbed Mr. Commode on Legs (or Mr. Commode with Legs). How did John Thain get the net nickname Commode on Legs?
Because of a $35,000 commode on legs that John Thain had allegedly installed in an opulent office renovation while at Merrill Lynch. How much did he spend?
Reports CNBC: allegedly $1.2 million! And now Merrill’s earnings are down the drain.
* Area Rug $87,784
* Mahogany Pedestal Table $25,713
* 19th Century Credenza $68,179
* Pendant Light Furniture $19,751
* 4 Pairs of Curtains $28,091
* Pair of Guest Chairs $87,784
* George IV Chair $18,468
* 6 Wall Sconces $2,741
* Parchment Waste Can $1,405
* Roman Shade Fabric $10,967
* Roman Shades $7,315
* Coffee Table $5,852
* Commode on Legs $35,115

Money, Nation

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