Former Merrill Lynch CEO John Thain Departs Michael Smith-Designed Office

Note to the First Lady: ix-nay on the $68,179 credenza. That’s just one of the pieces with which the First Family’s newly appointed interior designer Michael S. Smith furnished the office of John Thain (pictured at right), who resigned today in the wake of Merrill Lynch’s acquisition by Bank of America. Early last year, Thain hired Smith to redo his office, and CNBC got a hold of the final bill, which came to approximately $1.22 million. Here’s a taste of how Thain’s executive suite was furnished:

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

A $1,405 Parchment Waste Can is now the official UnBeige symbol of the global economic crisis! Meanwhile, the White House has paid Smith $100,000 for his services, even though that’s barely enough for a decent pair of guest chairs.

Previously on UnBeige:

Obamas Select Designer Michael Smith for White House Redecorating

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