John Thain Hired As New CEO Of CIT

Prudent Investments Always Begin With $1.2 Million Office Renovations

This is why WE cannot have nice things:

For those of you who don’t remember, this is the man who nearly ran Merrill Lynch into the ground, and rewarded his own efforts by paying $1.2 million dollars to renovate his office.

Also, if you’re wondering whether or not Merrill Lynch took bailout money, the answer is no. Bank of America, which purchased them, needed additional bailout funds to cover the costs of acquiring such a toxic company.

Seriously, I need to move to a deserted island to isolate myself away from the retarded shit that goes on in this world.