Free Republic
Browse · Search
News/Activism
Topics · Post Article


1 posted on 09/27/2008 7:32:37 PM PDT by Lorianne
[ Post Reply | Private Reply | View Replies ]


To: Lorianne

$13 mil. for three weeks work. Whadda country!


2 posted on 09/27/2008 7:35:21 PM PDT by FlingWingFlyer (When Republicans do it, it's "corruption." When DemocRATS do it, it's a financial crisis.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Lorianne
The board of WaMu reached out to Fishman to replace Kerry Killinger as CEO as the Seattle-based bank was in a downward financial spiral, struggling with cascading losses from soured mortgages.

Blame the idiot board of WaMU, not Fishman.

3 posted on 09/27/2008 7:42:18 PM PDT by OCC
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Lorianne
The sale should negate the contract. A simple pink slip will do--that is what other people get. Tough, and all that

vaudine

4 posted on 09/27/2008 7:45:16 PM PDT by vaudine (RO)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Lorianne
From the sounds of it, he was entitled to the money as soon as he showed up the first day, or maybe even when he signed the agreement, without actually having to show up at all.

How inconvenient for him that it took so long to pull the plug and find a buyer at the garage sale.

5 posted on 09/27/2008 7:47:36 PM PDT by Bernard (If you always tell the truth, you never have to remember exactly what you said.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Lorianne

And they wonder why there is public backlash including a push to limit CEO pay and bonuses.... IT is these abusive contracts that cause the publicity issues.


7 posted on 09/27/2008 7:59:29 PM PDT by TheBattman (A vote for the "lesser evil" is still a vote for evil!)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Lorianne

How do you define a bonus, anyway? How about a swift kick in the butt on the way out the door? Is that good enough?


8 posted on 09/27/2008 8:00:29 PM PDT by Combat_Liberalism
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson