stanonealgazelle.jpgBack in January, when CNBC’s Senior Interior Decorator Charlie Gasparino really put his investigative journalistic skills to work and reported to the world that John Thain had spruced up his office at Merrill Lynch to include, among other items, a $87,784 area rug, a $25,713 Mahogany pedestal table, and a $35,115 commode, JT issued this vague statement re: what was so wrong with Stan O’Neal’s office that it had to be completely redone:

Well– his office was very different– than– the– the general décor of– Merrill’s offices. It really would have been– very difficult– for– me to use it in the form that it was in. And– you know, I– it needed to be renovated no matter what. It would have been better for me to simply– I should have– simply paid for it myself

Obviously this forced our hand to come to the logical conclusion that O’Neal had outfitted the place with shag rugs, a disco ball and a huge blinking sign that read “Pussy Palace.” I don’t know why it took so long to get this out of him, but last night while speaking at Wharton, the Thainmeister finally cleared the air. Here’s what JT told the audience, according to a reader in attendance:

Since you brought it up, I’ll talk about my office. I joined Merrill Lynch before we knew the world was ending. My office had a giant desk in the middle and was not configured to receive any clients or staff. There was no conference room because it had been converted into a private gym.

So Captain wasn’t down with the space because it was essentially a throne room for E. Stanley and because if you’re going to have a private gym, it better damn well come with a wrestling mat. But that still doesn’t tell us why a George IV chair, Roman Shades, and 19th Century Credenza were necessary. Thainer explains:

We decorated it in the style that Merrill Lynch offices were, which was very, very nice.

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Comments (44)

  1. Posted by guest | September 18, 2009 at 10:34 AM

    He looks like my paralegal in that pic
    - Above the Law

  2. Posted by guest | September 18, 2009 at 10:36 AM

    yeah, so?
    -stan o’neal

  3. Posted by guest | September 18, 2009 at 10:38 AM

    I will not interview anyone who doesnt have at least one personal gym
    -CG

  4. Posted by guest | September 18, 2009 at 10:40 AM

    Tell me there were boflexes or this is meaningless to me.
    -cg

  5. Posted by guest | September 18, 2009 at 10:41 AM

    stan o’neal, national treasure.

  6. Posted by Stan O' say can you see | September 18, 2009 at 10:41 AM

    Chazzy, I’ve got a protein shake for you…

  7. Posted by Stan O'Neil | September 18, 2009 at 10:42 AM

    They were tantra chairs, you fucking conch-shelled lookin’ motherfucker.

  8. Posted by guest | September 18, 2009 at 10:42 AM

    Stan certainly is the man
    - S O’Neal

  9. Posted by guest | September 18, 2009 at 10:45 AM

    My office has a giant vat of chocolate sauce in the middle of it, and instead of a conference room, a room FILLED with yummy treats to dip fondue style.
    -you know who

  10. Posted by guest | September 18, 2009 at 10:46 AM

    @7 “conch-shelled lookin’ motherfucker” FT GODDAMN WIN.

  11. Posted by guest | September 18, 2009 at 10:47 AM

    I’m sitting on a Sybian as I type this.
    - Vik

  12. Posted by guest | September 18, 2009 at 10:47 AM

    I have no problem with this.
    -Dick Parsons

  13. Posted by guest | September 18, 2009 at 10:47 AM

    No meditation garden? You lack class.
    Vikram

  14. Posted by guest | September 18, 2009 at 10:48 AM

    I am sitting on a pile of Lassie videos as I type this.
    -DK

  15. Posted by guest | September 18, 2009 at 10:48 AM

    TSSA: Twisted Steel & Sex Appeal
    -CG

  16. Posted by guest | September 18, 2009 at 10:49 AM

    Bess – when did C-Gas get promoted to Senior I.D.? Last I know he was just a plain old I.D.

  17. Posted by guest | September 18, 2009 at 10:50 AM

    I’m sitting on an evil frog right now
    - Jimmy Cayne

  18. Posted by guest | September 18, 2009 at 10:52 AM

    I’m squatting over a vat of molten gold as I type this
    -LB

  19. Posted by guest | September 18, 2009 at 10:53 AM

    Im sitting on a pile of falafel and tahini sauce as I type this

  20. Posted by Investorcluzo | September 18, 2009 at 10:56 AM

    @6 – should it be: you’ve got protein, but chazzy needs to shake it first?

  21. Posted by guest | September 18, 2009 at 10:59 AM

    I’m sitting on a pile of exumed corpses I just made love to.
    -Jeff Macke

  22. Posted by iamtheeggman | September 18, 2009 at 10:59 AM

    He looks so pararegal in that pic.

  23. Posted by guest | September 18, 2009 at 10:59 AM

    “basically a typical day for Stan O’Neal was thirty minutes on the Gazelle and an hour of Mindsweeper at the command center”
    I don’t understand how ML could’ve failed with this type of genius at the top.

  24. Posted by guest | September 18, 2009 at 11:04 AM

    Not all interior decorators are homos.

  25. Posted by guest | September 18, 2009 at 11:09 AM

    Looks so beagle
    D.K.

  26. Posted by guest | September 18, 2009 at 11:10 AM

    Nothing pulls a room together like neon accent lighting.
    -CG

  27. Posted by Stan O' Say Can You See | September 18, 2009 at 11:11 AM

    @Cluz,
    You’re right. We all have our short-comings…
    @9 you caused me unleash a load already!

  28. Posted by guest | September 18, 2009 at 11:11 AM

    I’m sneering over a copy of the New York Times as I type this.
    ~Michelle C-C

  29. Posted by stan o'neal | September 18, 2009 at 11:12 AM

    “fucking conch-shelled lookin’ motherfucker.”
    awesome

  30. Posted by guest | September 18, 2009 at 11:15 AM

    @28
    How do you keep “the girls” out of your line of sight?

  31. Posted by highlyconfident | September 18, 2009 at 11:17 AM

    Anyone wanna stick their D between the bags under my eyes for a good old fashioned EF? No HB necessary…
    -M. Bartiromo

  32. Posted by guest | September 18, 2009 at 11:19 AM

    excellent tags

  33. Posted by guest | September 18, 2009 at 11:20 AM

    he looks so vice-regal in that pic
    Lord Curzon

  34. Posted by guest | September 18, 2009 at 11:20 AM

    hey Bess, it’s minEsweeper

  35. Posted by C. Norris | September 18, 2009 at 11:29 AM

    Only pussies use the Gazelle.

  36. Posted by Joe Mac | September 18, 2009 at 11:29 AM

    I’m Larry Kudlow, and I am CNBC.
    Now bring my Drury-Francis sandwich!

  37. Posted by pfluger | September 18, 2009 at 11:44 AM

    John is a friend of mine, and I like him.
    But his gym is fuckin’ wimp, for fuckin’ donnicciolas, like DK. Dese bulging biceps and washboard abs need fuckin iron, baby! I need to hear da sound of da 75 pound dumbbells crash to da floor afta I finish my curls.
    Wheneva I drop ‘em, I notice everybody staring at me, with a mixture of awe and envy. I’m like a fuckin’ 21st century Caesar in my gym.
    - Best selling author and world renowned financial journalist

  38. Posted by guest | September 18, 2009 at 11:59 AM

    Heard from a former visitor to Chez O’Neal that the place was decked out in African themed art – masks, skins, etc. No wonder JT needed the redo.

  39. Posted by guest | September 18, 2009 at 12:01 PM

    @38 dumb, racist comment, and not as funny as what the reality was.

  40. Posted by Seaman Bodine II | September 18, 2009 at 12:31 PM

    @39 you think that’s racist?

  41. Posted by guest | September 18, 2009 at 1:09 PM

    @39, you need to lay off the African-American Sociology classes and get a dose of reality, that was a pretty harmless comment.

  42. Posted by guest | September 18, 2009 at 1:24 PM

    you can do it!

  43. Posted by guest | September 19, 2009 at 10:00 AM

    please stop with all of the funny jokes. He’s a complicated man but no one understands him but his woman.

  44. Posted by Perkins Maxwell | September 20, 2009 at 11:37 AM

    @43: Mrs. Thain, please go elsewhere.

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