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Re: Here's something for the Occupy Wall Street crowd to chew on

By: clo in FFFT | Recommend this post (0)
Sat, 08 Oct 11 3:21 AM | 55 view(s)
Boardmark this board | Food For Further Thought
Msg. 34791 of 65535
(This msg. is a reply to 34784 by clo)

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The above is a reply to the following message:
Here's something for the Occupy Wall Street crowd to chew on
By: clo
in FFFT
Sat, 08 Oct 11 2:56 AM
Msg. 34784 of 65535

Bank of America says it will pay Sallie Krawcheck a one-time severance
package of $5.15M plus a full years salary of $850K after being ousted
from her role as head of the bank's wealth management group. The bank is
also paying former president of consumer banking Joe Price a lump sum
payment of $4.15M plus his entire year $850K salary as well. 

Yes, this is pretty outrageous. It's almost like they're TRYING to upset
people...

It's certainly not because their stock has performed well.

The Board should all be fired.

How can these people entrusted with management oversight of billions of
dollars be (a) so frigging stupid and (b) so tone deaf to what is
happening all around them....



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