CNBC's Senior Interior Decorator Charlie Gasparino dug deep and reports that upon taking over at Merrill last year, John Thain spent $1.22 million redecorating his office (itemized receipt after the jump). We don't really care either way if JT "gets" to stay at Bank of Amerillwide or not, but please for the love of Angelo Mozilo (who, btw, didn't get any heat for converting his office into a Hollywood Tans in '89), if he does, can it be over the issue of spending $35k on a Porta Potty? This is something we want, nay, need, to hear Ken Lewis get worked up over. If that can't be arranged, we'll settle for Lewis sending a bunch of men over to Thain's office to pee on, and then steal, the 90k rug.

Area rug: $87,784
Mahogany pedestal table: $25,713
19th Century Credenza: $68,179
Pendant Light Furniture: $19,751
4 pairs of curtains: $28,091
Pair of guest chairs: $87,784
George IV chair: $18,468
6 Wall Sconces: $2,741
Parchment waste can: $1,405
Roman Shade Fabric: $10,967
Roman Shades: $7,315
Coffee Table: $5,852
Commode on Legs: $35,115