Thain's Furniture Will Hold its Value

Close circuit to the 401 students and in particular Kevin: Not sure if you were joking or not, but you seemingly were right, Michael Smith is good I guess....lol..

Thain's Furniture Will Hold its Value:

Bloomberg: The antiques Thain reportedly purchased will probably hold their value over time, said Clinton Howell, a New York dealer in English furniture.

“Michael Smith is a very smart guy and he buys very good things,” said Howell. “It’s very likely that what he bought was worth the money if Merrill Lynch wants to get their money back.”