Thread regarding PHH Corp. layoffs

People like Whitacre, The Tuckers are basically carpet baggers. They go from company to company and their job is to basically maximize profits at all costs. Once they do the company's dirty work they move on to their next kill. Don't forget these people are all friends in the industry and travel basically life wolf packs. The sad part is neither have any and I repeat any mortgage experience. They are simply executives and their only interest is that of the shareholder. If they had any incling or concern for the company they would have not laid off the many good employees both in management and lower level. This was hack job and simply disgusting. Monday is there are scheduled town hall meeting with CEO Messina. Would love to see how they will spin this debacle.