Wachovia's 119 million $$ man

Feb 13, 2006 12:03 am

Surprised no one has commented on the recent Wachovia (bank) departee that left with 119 million $$ after just 15 months @ the firm. Guess that’s where the fee money is going and the less than competitive MM rates the brokerage arm is paying to customers. Anyone?

Feb 14, 2006 5:43 am

[quote=Revealer] Surprised no one has commented on the recent

Wachovia (bank) departee that left with 119 million $$ after just 15

months @ the firm. Guess that’s where the fee money is going and the

less than competitive MM rates the brokerage arm is paying to customers.

Anyone?[/quote]



Apparently no one knows what you’re talking about. Care to enlighten

us?

Feb 14, 2006 3:12 pm

Recent WSJ article about former Southtrust exec. who left with $119 Mill. parachute with only 15 mo. of service @ Wachovia Bank.

Feb 17, 2006 3:26 am

still don’t get it revealer…elaborate

Feb 17, 2006 1:15 pm

Nor do we care. He wasn’t even a broker.