Tuesday, February 17, 2009

Jeesh! At least a bank robber uses a gun and makes it clear he is out for his own benefit.

Citi Cost-Cutters Skip Offices, Staff for Ex-CEOs Prince, Reed
The present and former management of this bank continue to show a complete disregard for the interests of the shareholders. Shouldn't there be some requirement of management that they look after the shareholder's  best interest rather than just loot the company?

1 comment:

lonek8 said...

Seriously. if I am running a company, no matter how big or small, I am looking after the best interests of the company first - so long and thanks for all the fish to whoever came before me (especially if they were given an exit package.) By the way, where can I get on of these jobs - it sounds pretty cushy!