WaMu replaces CEO, agrees to pact with regulators
"The New York Times reported that Fishman will receive a $10 million signing bonus from WaMu, of which $2.5 million will be a stock award based on performance."
Friday, September 26, 2008
CEO of failed WaMu could get millions
"WASHINGTON: The CEO of failed Washington Mutual Inc., on the job only a few weeks before the largest U.S. thrift was seized by the government and sold to JPMorgan Chase & Co., is entitled to more than $13 million in severance and bonus pay."
How's that for 3 weeks on the Job? Sorry, but this make my blood boil - MHO.
How's that for 3 weeks on the Job? Sorry, but this make my blood boil - MHO.
Any company that has a twelve inch pipe pumping money in the presidents bank account is not well run. Let them pound sand.