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In Defense of the CEO

A $90,000 area rug, a pair of guest chairs that cost almost as much, a $35,000 commode and a $1,400 trash can—these are just a few of the expenses from a remodeling of John Thain’s office when he took over as Merrill Lynch’s chief executive officer in December 2007.

via In Defense of the CEO – WSJ.com.

 

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