Nice start: now what about the houses, John? I’m telling you: shareholder timeshare!
Last month, BBC’s delightful Neal Razzell flew to Dallas to investigate the home turf of former president George W. Bush. He even drove to Crawford. Here is the first part of the series that ran last Tuesday, the day Bush turned over the office to President Barack Obama. Later today, part two, with a look at the home Bush bought in Dallas.
Well it seems that conspicuous consumption must be made inconspicuous these days: could plain-jane shopping bags be next at Neimans?
Did I hear right — is there a sale pending?????
A reader informs me that Mr. Thain’s office commode is not a toilet, but an elaborate chest. I should have known that because I write for a home design magazine. (Was actually trying to be tongue-in-cheek. Or plunger-in-pot.) But to tell you the truth, there are $10 million dollar commodes out there. I have seen 24 ct. gold commodes studded with gems. There is an antique commode in one Dallas home that I’m told is worth $100,000 — maybe I can dig up a photo. It is pink and conceals the commode completely so you never know where you are sitting, so to speak.
Meantime, Mr. Thain should go hug his commode: the Obama administration is already rubbing hands to tighten up the regulatory system on the financial world, unleashing Timothy Geithner:
“Excessive executive compensation that provides inappropriate incentives,” Mr. Geithner said, “has played a role in exacerbating the financial crisis.”
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