CEO of failed WaMu could get millions

Business | 207593 hits | Sep 26 2:46 pm | Posted by: tritium

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.

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by tritium
Fri Sep 26, 2008 9:51 pm
O.K. the CEO gets a parachute of about 20 million dollars for a 17 days of work.

(1.2 Million dollars a day - worth getting out of bed for huh)

Meanwhile is WaMu is foreclosing on the poor.

Investors losing their investment in the bank...

Corporate America is screwed..

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tritium Fri Sep 26, 2008 1:47 pm
mixedfarmer Fri Sep 26, 2008 4:07 pm

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