John Thain To Reimburse Bank of America (BAC) For Office Expenses

January 26, 2009 8:30 AM EST
CNBC's Maria Bartiromo is reporting that ex-Merrill CEO John Thain is embarrassed about his expenses related to decorating his office and will reimburse Bank of America (NYSE: BAC) $1.2 million related to the redesign of the office. It appears that Charlie Gasparino's post in The Daily Beast is going to cost John Thain $1.2 million.

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Charles Gasparino, Maria Bartiromo, John A. Thain