I want to be able to fly around on a company jet and make 8 million a year to walk around and shake hands with people and act like I give a damn while signing the orders to cut jobs all across the company and asking everyone to cut back.
I hope he sleeps at night and i hope some of the people like Dawn mcQ---- reap what they sow. BBT says "There's Opportunity Here", but it damn sure isn't for the employees. I am willing to bet they will be bought out withing six months, they are cutting too many key positions in Retail and in operations, all to look better on paper.
Have I missed something, is someone sending an attorney after you NEW YORK (April 10) - Citigroup Chief Executive Charles O. Prince III plans to eliminate or reassign more than 26,000 jobs, or 8 percent of its work force, when he announces a major overhaul of the financial institution on Wednesday, according to a report in The New York Times .? One would think BBandT is the only bank with some problems in todays world, which btw is STIL not for sale or MOE and JA is STIL at the helm, and soon has passed, as has April 7, and no Yodee predict has come true, and soon it will be April 20, and I await eagerly those results, yet alas Yodee and Ernie have passed on into that world where all the other predictors go. Wonder where that place is? Yodee's Im sure is in front of the mirror checking her arrears.
You forgot to mention all those stock options he has gotten for nothing. Almost 9 yeras now and the stock is still in the trading range it was 9 years ago. Also the stock option he will get in the buy out. The buyer will pay John Allison millions to make the deal happen. All CEOs get one helluva a pay package for mergers. He will make millions while we get a small dividend.