Showing posts with label shareholders stiffed. Show all posts
Showing posts with label shareholders stiffed. Show all posts

Wednesday, October 1, 2008

play it again

CEO for Washington Mutual got 13.7 million dollar sign-on bonus and severance pay for THREE WEEKS work there. Other executives got multi-million dollar severance payouts. Shareholders got..... hosed..... nothing. Their shares are worthless. The rich get richer and the little guy gets the shaft. Sound familiar?