Charlotte Article Comments

Would someone please fire me and give me, $1.45 million and $7.25 million in stock awards.

Posted by: TangoH 6/2/2008 12:37 PM 4275.34 Report Violation	Avg 5.00, 1 vote

Looks like Ken should have spent less time raising money for George W and more time studying Golden West. Not so golden these days.

Posted by: cornelius28031 6/2/2008 1:44 PM 4275.35 Report Violation	Avg 4.50, 2 votes

Think he cared anything about all the rank and file employees that have been terminated, displaced while he was making millions and millions every year. Employees that required and needed 2 incomes to survive basic needs such as housing, food, clothing and schooling, making $20-$30,000 per year, about Ken was making A DAY. Greed, what goes round, comes round. Other than ego, nothing harmed here. Can live very comfortably on past MILLIONS earned annually and severance. He'll never want for anything, unlike those his company left out in the cold. The entire merger and subsequent purchases of other banks and financial companies has been an American business disaster story.

Posted by: Pack1977 6/2/2008 1:52 PM 4275.36 Report Violation	Avg 5.00, 7 votes

These guys are like Major League Baseball Managers, they screw up one team and are welcomed to another one with open arms. Soon Thompson will be performing his song and dance for another high paying corporation.

Posted by: ncpg 6/2/2008 2:15 PM 4275.37 Report Violation	No rating

Better bring back the Wachovia employees to salvage what's left. With FUNB's history, this looks par for the course, i.e. Core States Bank.

Posted by: Pack1977 6/2/2008 2:16 PM 4275.38 Report Violation	Avg 2.33, 3 votes

At my next job...I'm going to be sure to write in the fine print that: "Even if I su(k and loose over a billion dollars for the company...you guys have to pay me a ret@rded amount of money and let me toot around in the company plane so I can be in nice places as I spend time with my family and spend the shareholders profits." It's a freaking beautiful plan...And if they don't sign it...I've always got "Deal or No Deal!"

Posted by: inverted_2000 6/2/2008 2:34 PM 4275.39 Report Violation	No rating

Sort of makes you wonder if Bank of America should rethink it's purchase of Countrywide and it's subprime foreclosure mess. It might save Ken Lewis' job in the future if BofA dropped the hot potatoe of Countrywide.

Posted by: username1 6/2/2008 2:50 PM 4275.40 Report Violation	Avg 5.00, 3 votes

potaaatoo, potatoe, tomaatoo, tomatoe, let's call the whole thing off!!(imagine some musical notes here)

Posted by: username1 6/2/2008 3:03 PM 4275.41 Report Violation	No rating

Pack1977 you sound a little bitter. An ex-Wachovia employee that got the axe in the buy out?

Posted by: landshark 6/2/2008 3:08 PM 4275.42 Report Violation	Avg 2.00, 1 vote

Actually not thank goodness. I simply know many good, sound, credible employees that were affected by decisions Sr Mgt made and THEY pd the price, not Sr Mgt. Are you aware of how many employees not at merger, but post merger, 2-3 yrs post, that were displaced/terminated? Most were not mgt employees, but rank and file employees that did their jobs and did the jobs well but b/c of mtg, lost their jobs. This was during the time the bank made millions, look at the chart above of the annual earnings, yet employees were left to to futher stoke the bottom line for investors. No loyalty, none, Therefore, who cares that Ken received no loyalty? But the fact he receives MILLIONS, only his ego gets bruised, not his financials. You'll find many ex-employees whose careers were lost after 10-15-20 yrs, not finding much sympathy for Ken.

Posted by: Pack1977 6/2/2008 3:25 PM 4275.43 Report Violation	Avg 5.00, 2 votes

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