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The $37 Million Park Ave. Apartment Your Bailout Bought

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HeyThatsMyBike
12/29/08

In reply to The $37 Million Park Ave. Apartment Your Bailout Bought
Makes sense - It's now a timeshare! And already has the decor to match the title!
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miss_msry
12/29/08

In reply to The $37 Million Park Ave. Apartment Your Bailout Bought
I would think the matching Blackamoors would be a tad over the top in this day and age.
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PandoraSpocks
12/29/08

In reply to The $37 Million Park Ave. Apartment Your Bailout Bought
I like the dining room. Some of the house is in need of.. of... I don't know where to begin. It's just too eclectic.
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Queen of the Passive Aggressives
12/29/08

In reply to The $37 Million Park Ave. Apartment Your Bailout Bought
Didn't it come with a decorator?
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PandoraSpocks
12/29/08

@Queen of the Passive Aggressives: It should have.
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th1nwhiteduke
12/29/08

In reply to The $37 Million Park Ave. Apartment Your Bailout Bought
Does nitpicking styles/taste of people with more money than you ever get old? Yes, we know, your 400 sq ft fifth story walkup furnished by Ikea and Target wall hangings just oozes taste.
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Shelwood
12/29/08

@th1nwhiteduke: Money can't buy taste. But apparently it can buy a Supreme Court Action Figure Play Set (photo 2).
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leonleonleon
12/29/08

In reply to The $37 Million Park Ave. Apartment Your Bailout Bought
also NONE of those chairs look comfortable AT ALL no wonder these guys are all so uptight
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Derek Balling
12/29/08

In reply to The $37 Million Park Ave. Apartment Your Bailout Bought
"had the gall to hold Merrill and Bank of America to his contract"

Do you think Merrill and BofA would have let him out of his half of the bargain if he'd come there for a couple days and said "ahhhh, screw this"?

Part of the reason you negotiate clauses like that is EXACTLY for this type of situation, where you give up your existing position, take a chance on a new one, and there's a possibility you might be out on your ass before you get an opportunity to show what you can do. Now you're unemployed and the next-big-gig might not come along immediately.

Sorry, but I don't have any issues with him getting his payout. (I have issues with a bailout, but I don't have issues with him getting his $25M severance package).
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Unfun
12/29/08

@Derek Balling: Haha, there are still people arguing that executives should be paid this much given Merrill's crap performance. Haha, haha. If I don't laugh I might kick someone in the nuts.

@CaptainFantastic: How else can we defile this place? I was going to say angry dirty sex somewhere but the decor kills my lady boner.
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PandoraSpocks
12/29/08

@Derek Balling: Part of the reason you negotiate clauses like that is EXACTLY for this type of situation, where you give up your existing position, take a chance on a new one, and there's a possibility you might be out on your ass before you get an opportunity to show what you can do.

Yes. So what? The rest of us well educated people in need of an income would like clauses like this too. We seldom get offered them. But bankers always seem to...
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Unfun
12/29/08

@PandoraSpocks: Also, if that is the reason for the severance clause, does it really have to be so fucking high? Most people I know could live on $25 million for the rest of their lives. If it's for the added security of having to get by if the company goes under or what have you, how can you justify the exorbitant amount? Answer: you can't. Because it's ridiculous. And I for one am glad that people are starting to wake up and realize that corporate executives have been and are being paid too fucking much compared to the average worker, especially given the crap performance of these banks and all the people currently losing their retirement savings.
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Derek Balling
12/29/08

@PandoraSpocks: You're welcome to negotiate for them. If you can get them, more power to you.

@Unfun: You CAN justify it. In the context of how much they get paid ordinarily, you absolutely can justify it. Just because YOU can't get paid $25M/yr. doesn't mean they're not entitled to.

At the end of the day, executive compensation is a capitalist exercise of textbook perfection. People are paid what the market will bear. If people think they're worth "X", they ask for X, and corporations can choose to pay them that much or not as they see fit.

If you don't like how a corporation is compensating its executives, feel free to show up at your next shareholder's meeting and say so. What? You're not a shareholder? Then why do you care if the company runs itself into the ground, you've got no stake in it.
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Unfun
12/29/08

@Derek Balling: You're right, those executives at all those companies who just got bailed out by fucking taxpayers OBVIOUSLY deserved all the money their companies are not making and which necessitated the bailout in the first place. Capitalism worked wonders there!

And I chose to go to law school, assface, so as not to have to deal with the likes of you. Yes, lawyers can be bastards, but not nearly as bad as you investment bankers. Notice how no one takes you on? It's because your opinion is laughable. I guess I care for all those jobless folk now. I know, feelings are icky.
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Dickdogfood
12/29/08

In reply to The $37 Million Park Ave. Apartment Your Bailout Bought
All that money and the dining room table isn't even centered on the rug--or is it the rug that's not centered with the room?
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leonleonleon
12/29/08

@Dickdogfood: I keep looking at that picture too and I just can't get it
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leonleonleon
12/29/08

@Dickdogfood: The more I look at it I think it's the chandelier that's off-center but that makes no sense because who the hell would misplace a CHANDELIER
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twoeightnine
12/29/08

@Dickdogfood: It could be that the rug is actually not a square/circular design and instead is a rectangular/oval design but the wide angle camera lens distorts everything. There's definitely distortion.
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QueenAlice
12/29/08

In reply to The $37 Million Park Ave. Apartment Your Bailout Bought
It looks like someone from the Victorian merchant class hired a Vegas showgirl to decorate exclusively using inspiration from the New Wealth Decorating Digest.
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BookishLookish
12/29/08

@QueenAlice: Matching blackamoors? Ugh. Hideosity.
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SinisterRouge
12/29/08

In reply to The $37 Million Park Ave. Apartment Your Bailout Bought
Can you say GAUDY? I wouldn't want this glorified shithole for 100K. It looks like a Maspeth row house gone mad. Are the couches covered in protetive plastic?

That place is fucking UGLY.
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rollergirl76
12/29/08

@SinisterRouge: When I see this, I hear Trump's voice, saying how "luxurious" it is. Yellow walls and green furniture...egads.
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forwardmotion
12/29/08

In reply to The $37 Million Park Ave. Apartment Your Bailout Bought
Class war, anyone?
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BookishLookish
12/29/08

@forwardmotion: Karl Marx would call the female co-owner of this place a "real classy dame."
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Zanzibar Buck-Buck McFate
12/29/08

In reply to The $37 Million Park Ave. Apartment Your Bailout Bought
Classhole.
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Unfun
12/29/08

In reply to The $37 Million Park Ave. Apartment Your Bailout Bought
I'll be at the dining room table, eating my rage with a side of lobster bisque. Then, I'm rubbing my naked ass on it, and leaving. That'll teach em.
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CaptainFantastic
12/29/08

@Unfun: At my place, that would get you invited back.
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R_Claw
12/29/08

In reply to The $37 Million Park Ave. Apartment Your Bailout Bought
Why do I have such shitty taste? Blerg.
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tell Dolly Parton again
12/29/08

In reply to The $37 Million Park Ave. Apartment Your Bailout Bought
I guess when you've got four names like Barbaralee Diamondstein-Spielvogel (or is that 5?), you need that kind of space.
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