People's United Financial Inc. Message Board

As wages go down and working hours increase all around the US.

Not to mention the fact that no one gets a Pension anymore. Also if you are offered a 401K it takes 10 years to "earn" 100% vesting on the funds your company matches, and no one at your company will ever work there for ten years, because its "cheaper" to fire you and hire someone new.


Additionally, fewer and fewer companies offer an affordable health plan if they offer one at all.

All these costs and burdens then get pushed onto the gov. because the private sector no longer provides for them.

But Unions are the problem, I think not. America puts too much trust and love into the CEO, banker, or lawyer instead of the Engineer, teacher, or Scientist who actually create jobs and wealth, not just move it around.

Hate the company,buy the stock.

In CT the state unions were offered promise of no layoffs for 4 years, pay freeze two years, then 3 years of 3% raises and they turned it down. They also pay next to nothing for great health insurance. They are spoiled and greedy, and have outlived their economic usefulness.

world needs less bankers, and CEOs.

You want job security try learning to do something useful for society like a job in the tech or science industry.

One of the biggest problems is that CEO's like Brad Rock walk away with millions for doing a bad job, and his poor employees that just followed orders are let go with nothing. This should be made illegal. All the stock holders are left with a choice take the deal from the company that is taking over, or you get nothing. A $35.00 stock for $3.77 and Rock gets $12 million dollars. That is just wrong.

unfortunately there's a lot more coming, all the banks are looking at potential M&A and when the wave starts it will be like the 90's all over again.