Anyone who has been paying attention and applied their critical thinking skills saw through Frank's price manipulation tactics with the buybacks and constant layoffs. The high stock prices were based on smoke and mirrors and not sound fundamentals. The smoke always disappears and the mirrors always crack. The only people who escape the lung damage and cuts to the flesh are the ones who saw through the illusion.
Now Frank has moved on to sc--w over the SS Admin like he did Fiserv. Behold, the fruit of his ruthless tactics: elevation to run one of the most important government departments.
Embrace your loved ones who rely on SS benefits and prepare to help them make ends meet because Congress is weak and Frank's boss is worse than he is. That means SS is dead!
Poor Mike Lyons signed up for a b-m deal, but he seems to be a reasonable and honest enough man who'll steady the ship.
He ripped off the bandaid, we're all dealing with the short term pain, but I feel optimistic, odd as that may sound given the recession and nature of our industry.
Hang in there folks. We'll survive this!!