What do they and Andrew “Greedy Andy” Cecere have to hide? The fact that a criminal CEO has a criminal consulting firm making his decisions?
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Wonder if the 1400 jobs are the UnionBank jobs. We have been treating them like cobblers kids for a while because our HR partners don’t want to do real work. Heck, we have pulled offers on some of them just to get them to go.
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Actually USB settled at $45.35 on December 1, 2022 and MUFG's 44,155,384 shares would have been issued in connection with the closing of the sale of Union Bank that date. But with today's settle at $28.68, MUFG's holding is only down $750 million on paper, but what's a few hundred million among friends these days.
That closing price of $28.68 today is unnerving, that MUFG bunch that got millions of shares at 45.00 apiece on December 1 wants to know where their money went