Schwab was lounging in the rose garden yesterday and getting praises from Trump.
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Time to tear down the crown! Bring back the guillotines and start taking heads. S**t would change fast.
Schwab's compliance department is not concerned with the higher ups or they board - they are not that privileged - only worried about where all the peon people have their investments........a total DOUBLE standard - only the upChucks win -
This is demoralizing to the employees at Scwan, who are hard working (and likely majority middle class). I was proud of where I worked until I saw this disgusting display
Does Schwab have a compliance department?
It was $2.5billion.
https://newrepublic.com/maz/post/193860/donald-trump-brags-tariff-pause-made-billionaires-richer
After announcing a 90-day pause Wednesday on his sweeping “reciprocal tariff” policy on nearly every country—with the exception of China—Trump was excited to take credit for making a buck for his guests at the Oval Office.
“He made $2.5 million today, and he made $900 million! That’s not bad,” Trump said, pointing to financial investor Charles Schwab and Roger Penske, a Nascar team owner, respectively.
Schwab’s estimated net worth is $12.6 billion, while Penske’s is $5.6 billion.
Bloomberg reported that Wednesday was the “best day ever” for billionaires, as the world’s wealthiest people raked in a heaping $304 billion as the markets shot back up.
I used to be proud and excited to tell people I worked at Schwab. Now I am full on embarrassed.