When Do We Learn The Lessons Of The "No Strings Bailouts" Abuse?

You know America, it's bad enough this POS Disgraced CEO John Thain even has a job at all after the disgraceful debacle he oversaw at Merrill Lynch which require of coarse a taxpayer bailout recently to the tune of billions.

But yet even after that disgrace with the millions of people out there likely qualified to take a position like this, the similarly disgraced Bank of Amigo's, formerly known as Bank of America, another bankrupted dump of a once proud financial institution which became bankrupt becoming a provider of bank accounts and mortgages exclusively to illegal aliens>

I re posted an article about this just two weeks ago even before this latest debacle involving the hiring of this bum Thain that you can read here.


You must remember that marketing blitzkrieg in a most "wide open in our faces fashion" a few years ago turns around and hires this already fired from Merrill Lynch disgraceful bum and then days later fires him in "feigned disgust" to try and save their arses from all the coming bad publicity when it's discovered that he spent a cool million bucks of taxpayers money having the audacity to redecorate his office in the midst of all this bailout activity going on!!

This so called Bank of America should be allowed to totally disintegrate into dust after this long line of Anti American and bad business acumen. Their worst offense of all is their nearly committing treason by catering to illegal aliens on the backs of their hard working American clients, and then to top it off with the hiring of imbeciles like John Thain they obviously have far too poor of judgment to be allowed to operate any longer, especially with our hard earned money as their working capital.

This has gone far over the ledge of sanity America, we must demand it come to an end and NOW

Canned Merrill Lynch CEO John Thain's spending spree included $1,200 trash bin:

The DailyNews There's something a little trashy about a $1,200 wastebasket.

For Merrill Lynch CEO John Thain, an outrageously expensive trash can — which was part of a $1 million office decorating spree — got him canned by his new bosses at Bank of America.

"It's more fun to throw stuff in the expensive one," Makushim confessed after the Daily News arranged a trash toss test — providing a $14.99 wastebasket for comparison purposes.

Makushim was on the job at John Norwood Antiques, where the 16-inch-high contemporary parchment waste can is priced at $1,200. That's practically a bargain. More opulent versions of the fine leather item list for $3,750." continued

Here's the itemized shopping list courtesy the Daily Beast:

Below, The Daily Beast presents Thain’s top 16 outrages.

1) $2,700 for six wall sconces.
2) $5,000 for a mirror in his private dining room.
3) $11,000 for fabric for a "Roman Shade.”
4) $13,000 for a chandelier in the private dining room.
5) $15,000 for a sofa.
6) $16,000 for a "custom coffee table.”
7) $18,000 for a “George IV Desk.”
8) $25,000 for a "mahogany pedestal table.”
9) $28,000 for four pairs of curtains.
10) $35,000 for something called a "commode on legs.”
11) $37,000 for six chairs in his private dining room.
12) $68,000 for a "19th Century Credenza" in his office.
13) $87,000 for a pair of guest chairs.
14) $87,000 for an area rug in Thain's conference room and another area rug for $44,000.
15) $230,000 to his driver for one year’s work.
16) $800,000 to hire celebrity designer Michael Smith, who is currently redesigning the White House for the Obama family for just $100,000.

RELATED: John Thain’s $87,000 Rug by Charlie Gasparino

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