Another Bank (Ameribank in WV.) goes under! Bailout up to 1/2 TRILLION $'s and counting. -- Franconia College Forum

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Date Posted: 19:29:41 09/19/08 Fri
Author: Uncle Sam's Warehouse
Author Host/IP: 68.38.84.79
Subject: Another Bank (Ameribank in WV.) goes under! Bailout up to 1/2 TRILLION $'s and counting.
In reply to: Mr. Bubbles...........aka A. Greenspan 's message, "Stay tuned for new sitcom �Uncle Sam Ford & Son of Wall Street�" on 18:45:38 09/18/08 Thu

Here are some of the stars that walked away ( limo'ed away)

Stanley O'Neal took a $161 million package last year when he left Merrill Lynch & Co. (remember Merrill Lynch?), even without a severance package in the mix. Angelo Mozilo, founder and top executive at Countrywide Financial Corp., reaped almost $122 million during 2007 in stock options alone.

For a mere three months at the helm of American International Group Inc., Chief Executive Officer Robert Willumstad gets a $7 million package.

Selling Stock Options

And while the value of Richard Fuld's shares in Lehman Brothers Holdings Inc. plunged roughly $1 billion, he still pulled in almost $490 million by selling options and share grants in the 14 years that the company's been public, according to Fortune magazine.

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Replies:

Aprox. cost to every man, woman & child is $1500.00 so far..... (NT) -- Mr. Bubbles, 19:47:04 09/19/08 Fri
- Take a look at what happened to the last bailout (From 1986 through 1995)so you know what to expect.... -- Mr. Bubbles, 10:03:57 09/20/08 Sat
  - Re: Take a look at what happened to the last bailout (From 1986 through 1995)so you know what to expect.... -- Bill, 13:20:14 09/22/08 Mon

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