inthain

(adj. derived from John Thain, former CEO of Merrill Lynch): describing extravagant behavior by the head of a failing organization, e.g. office renovations ordered by a CEO when the company is insolvent or bankrupt; akin to 'fiddling while Rome burns'

He spent $35,000 for a commode? That's positively inthain!

by wellwell February 5, 2009