This is why the bailout's in trouble, folks.
1 posted on
09/26/2008 2:31:36 PM PDT by
kms61
To: kms61
Wonder what the severance package for the former WaMu ceo was. He managed to run it right into the dirt. Impressive.
2 posted on
09/26/2008 2:35:16 PM PDT by
pissant
(THE Conservative party: www.falconparty.com)
To: kms61
Looks like Killinger made a real killing (in more ways than one). It’s good to be the CEO (of a bankrupt company). Sad shame for the rank and file, but them CEOs gotta be paid.
3 posted on
09/26/2008 2:35:43 PM PDT by
CitizenUSA
(Voting proudly for GOVERNOR Palin for VP!)
To: kms61
I’m on a conference call right now in which Fishman and a JPM guy are explaining what happened over the last few weeks.
4 posted on
09/26/2008 2:36:45 PM PDT by
rivercat
(Sarah Palin '12)
To: kms61
In addition, he is eligible for stock awards that include 612,000 restricted shares, which will vest over three years. He could also receive options to buy 5 million additional shares, with some of the shares vesting over time and some vesting linked to the shares' performance. The chance to get 5,612,000 shares of WaMu. Well, maybe if you get one share per certificate they can keep you warm for the winter.
5 posted on
09/26/2008 2:37:55 PM PDT by
KarlInOhio
(The break-in of Gov. Palin's email account is the equivalent of the Watergate break-in.)
To: kms61
These are criminals. Legal stealing and no question about it. Wonder how many car loan could have been made with $12.65 million. This is the root cause for the banking and loan organizations have done with the depositors money.
6 posted on
09/26/2008 2:41:54 PM PDT by
Logical me
(Oh, well!!!)
To: kms61
People need to pull all their investments out of this out fit.
8 posted on
09/26/2008 2:43:11 PM PDT by
RC2
To: kms61
He may have to be paid $1,000,000 USD for his 3 weeks on duty and not a penny more than that. If “Mr. Rich Bitch” complains tell him to take a flying F-ck!
9 posted on
09/26/2008 2:48:31 PM PDT by
WellyP
To: kms61
A couple weeks ago, the WaMu Board of Directors properly (if late) fired the old CEO and hired a new one, Fishman. You’re spouting the new hire’s contract of a couple weeks ago, which really has nothing to do with the bailout! Yesterday Fishman was fired also, by the FDIC! WaMu lucked out, and now has Jamie Dimon as its CEO. So those of us who bank there went from the Worst Bank in the country to the Best Bank in the country overnite!
10 posted on
09/26/2008 2:48:45 PM PDT by
CRBDeuce
(an armed society is a polite society)
To: kms61
yeah, so what? who is to say he didnt have other job offers that he didnt take?
To: kms61
This is why WAMU is no more. The company was obviously run by a pack of imbeciles and nincompoops.
21 posted on
09/26/2008 3:31:41 PM PDT by
Busywhiskers
(Delinda est Democrats)
To: kms61
This seems reasonable. I am available for $12.2 million
for an equivalent 21 days work. Freepmail me.
22 posted on
09/26/2008 3:42:31 PM PDT by
aMorePerfectUnion
(Stalin was a community organizer...)
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