WaterMan Posted September 18, 2008 Share Posted September 18, 2008 Seriously, how much would you expect him to have accomplished in two months? about 5 million tax payer dollars. But hey, I'd take that money too. Quote Link to comment Share on other sites More sharing options...
muck Posted September 18, 2008 Share Posted September 18, 2008 about 5 million tax payer dollars. But hey, I'd take that money too. I'm sure your experience as a business executive gives you a good perspective on what specifically you would have expected him to have accomplished in two months. Feel free to elucidate. Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted September 18, 2008 Share Posted September 18, 2008 I'm sure your experience as a business executive gives you a good perspective on what specifically you would have expected him to have accomplished in two months. Feel free to elucidate. Now see that's just not nice. You shouldn't make him go upstairs and borrow the dictionary from his mother. Quote Link to comment Share on other sites More sharing options...
WaterMan Posted September 18, 2008 Share Posted September 18, 2008 Now see that's just not nice. You shouldn't make him go upstairs and borrow the dictionary from his mother. I'm sure watching Law and Order religiously has given a few people here a vocabulary beyond NASCAR. Quote Link to comment Share on other sites More sharing options...
Czarina Posted September 19, 2008 Share Posted September 19, 2008 Even a brief period of executive experience is worth much, I've heard recently. This post didn't get enough love. Quote Link to comment Share on other sites More sharing options...
Big Score 1 Posted September 26, 2008 Author Share Posted September 26, 2008 Yeah Willumstad had an employment contract which is completely legal, but what the government could have easily done is to make the tax payer financed bailout conditional upon all AIG executives voluntarily making their golden parachute contracts null & void & made this condition public knowledge. Gee.....isn't this what the government is now doing with their newest bailout? I wonder why they didn't put this same provision in with the AIG bailout? Oh well too late, Willumstad already got his tax payer funded $5,000,000.00 golden parachute & apparently there's no way to recoup it retroactively. Quote Link to comment Share on other sites More sharing options...
TimC Posted September 26, 2008 Share Posted September 26, 2008 Oh well too late, Willumstad already got his tax payer funded $5,000,000.00 golden parachute & apparently there's no way to recoup it retroactively. Whatever happened to the goold ole days of the mob going to his house, breaking in and taking our stuff he stole from us back? I miss the good ole days. Quote Link to comment Share on other sites More sharing options...
moneymakers Posted September 26, 2008 Share Posted September 26, 2008 Whatever happened to the goold ole days of the mob going to his house, breaking in and taking our stuff he stole from us back? I miss the good ole days. OJ going to jail? Quote Link to comment Share on other sites More sharing options...
Tboogs Posted September 26, 2008 Share Posted September 26, 2008 Fishman was the CEO of WAMU for less than 3 weeks.... He is getting approx 21 mil in his parachute! Quote Link to comment Share on other sites More sharing options...
Big Score 1 Posted September 26, 2008 Author Share Posted September 26, 2008 Fishman was the CEO of WAMU for less than 3 weeks.... He is getting approx 21 mil in his parachute! So basically he's getting $1,000,000.00 per day. Quote Link to comment Share on other sites More sharing options...
muck Posted September 26, 2008 Share Posted September 26, 2008 (edited) Fishman was the CEO of WAMU for less than 3 weeks.... He is getting approx 21 mil in his parachute! Wow. I'm pretty sure that's not what the board had in mind when putting that employment contract together... ...however... I wonder if, in bankruptcy, employment contracts wouldn't fall in with all other unsecured creditors and in line after secured creditors when determining who gets paid what... Edited September 26, 2008 by muck Quote Link to comment Share on other sites More sharing options...
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