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CNBC anchor Maria Bartiromo landed the deluxe assignment of covering the Global Economic Forum in Davos even as she managed to persuade the fired boss of Merrill Lynch to grant her an interview. So on NBC we saw the odd sight of a Wall Street financier making news in New York for a report filed from an Alpine Swiss resort. Bartiromo asked John Thain remotely about the two examples of reckless extravagance that made news last Thursday from CBS' Anthony Mason and NBC's Lisa Myers. What about the $1.2m redecoration of his office? What about the $4bn in bonuses Merrill Lynch paid shortly before being taken over by Bank of America and posting $41bn in losses? Thain now calls the renovation "a mistake" and plans to pay reimbursements. At the time "it really would have been very difficult for me to use it in the form that it was in." As for the bonuses, Bank of America was "completely plugged in to what the total amount" would be and "if you do not pay your best people, you will destroy your franchise."
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