http://www.charlotteobserver.com/news/business/banking/bank-watch-blog/article133420679.html
7 replies (most recent on top)
If you layoff fire employees trading for cheaper labor provides a false positive of overall growth inceasing ceo bonus. It's majic
The fact that he even accepted that shows that he has no integrity and has a high degree of entitlement. In other words, he's a selfish a$$.
I got laid off right after he received his raise last year
I think Mr. Moynihan just allows the workers who contribute to the banks success to be robbed and only receive joke bonuses and minimal raises if at all. All the while he obtains a kings ransom for his good work - what a joke... Have you ever seen or heard from Mr. Moynihan?
Perhaps Mr. Moynihan should send some of the money to Donald Trump as the stock has increased by over ten dollars a share since he took office? Not by anything he has done or his clown Executive Management.
Same here. Bonus was cut and $250 increase (yes you read that right) in salary.
Can't believe he is getting a 25% raise...
Same here. It is not moral.
This is some serious BS! I had to loose some of my bonus and take a minimal % increase while "Mr. Moynihan" gets a huge increase earned on the backs of those who actually do the work. So much for pay for performance at least for those who actually do the work.