Los Angeles based decorator Michael Smith was responsible for the 1.2 million dollar renovation done to the Merrill Lynch executive suite. The pricey decoration came under fire by the media after Merrill's public downfall and bailout, despite occurring before the crisis and in a completely capitalistic manner, and also incurred the criticism of President Obama.
Government should pay more attention, said Obama, to companies “that have received taxpayer assistance then going out and renovating bathrooms or offices or in other ways not managing those dollars appropriately.”
As for the decoration of the White House, the Obamas have chosen Michael Smith for the high profile job.
Yes, the same exact Michael Smith, who will supply both the designer black pots and the Swedish engineered black kettles.