I happened to notice in Sunday’s new York Times that the bank called WELLS FARGO took out a full page ad that must have cost them (and taxpayers) a pretty penny titled “ The Value of Team Member Recognition”.
In the ad, they decry how financial institutions that receive taxpayer bailout money have to cancel their so called “Team Member Annual Recognition” events where they recognize outstanding employees and party as hell!
Wells Fargo feels that these employee recognition party events are valuable and are not being understood by the regular taxpayer who feels if you are earning a salary, you are getting compensated enough for the job you are paid to do.
I have always felt that extra effort and success should be rewarded BUT Wells Fargo is receiving bailout taxpayer money so the company and its employees apparently did not do such a good job and for that maybe they should all get punished and not rewarded?
The CEO of Wells Fargo, John Stumpf, seems like just another clueless CEO that just does not get it. Taking out an expensive ad to tell employees that they would normally get their party in Hawaii or wherever it was supposed to be this year BUT for the nasty ole’ taxpayers who feel the company needs to pay back the taxpayer’s money before it decides to fund a party for itself.
It is for this reason and many more like that , that I cannot view these financial CEOs as responsible adults. They know what this country is facing, what workers are facing in this new depression and they cry about having to cancel their annual party?
BITE MY ASS BOZO, since the government is the owner of these banks, it should fire these childish morons and appoint a serious adult to run the place BUT I am not sure there are any responsible adults on Wall Street.
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