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To: kenavi
Why should I care about this, I am not a JP Morgan stockholder, and JP Morgan is not going into gov't receivership.

Well there is that little matter of the $33 BILLION that they were given in loan guarantees. Might be nice for them to pay that back before they start giving $1 million dollar a day bonuses to their executives, eh?

16 posted on 09/27/2008 11:04:29 AM PDT by Jack Black
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To: Jack Black

If that was important then it should have been put in the contract for the loan guarantee. The CEO of WAMU got lucky. Finding someone to take over a train wreck in progress isn’t easy. It takes a lot of incentives for someone to take such a job.


23 posted on 09/27/2008 11:17:41 AM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Jack Black
Well there is that little matter of the $33 BILLION that they were given in loan guarantees. Might be nice for them to pay that back before they start giving $1 million dollar a day bonuses to their executives, eh?

If Fishman in his one or two week tenure was responsible for his bank needing loan guarantees to get bought, then stockholders who lost money because of him can sue him.

Otherwise, his company is just honoring their contract with him. If it is so easy to do, you should apply for the job.
50 posted on 09/27/2008 4:14:18 PM PDT by kenavi (BHO: The only constant is change.)
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