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Live-Blogging Thain's Fate

As previously mentioned, Ken Lewis is supposed to be holding an "emergency" meeting right now to discuss John Thain's future, or lack thereof, at Bank of Amerillwide. As recently as an hour ago, most of you probably thought the meat of the conversation would be the matter of Thain selling Lewis a heaping pile of garbage. NO LONGER. Per the game changing bomb dropped by CNBC's Senior Interior Decorator Charlie Gasparino moments ago, re: Thain spending 90k on an area rug for his office, we have it on good authority that the first issue on Lewis's agenda is the following surveillance shot of JT "hard at work." Be interesting to see how Thain explains this.