Saturday, 24 January 2009

Office decorations

Note to CEOs everywhere. No one, not your shareholders, not your staff, not your clients, thinks you deserve a $87,000 rug. Buying one shows a spectacular failure of judgment. Buy something cheap and inoffensive instead. But don't go too far.

Update. Thain is paying the $1.2M back, according to a letter leaked to FT Alphaville. Good on him.

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