http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x4104481riverdeep (1000+ posts) Sat Sep-27-08 10:31 AM
Original message
How would you like to make $147, 059 an hour?
The recently hired CEO Alan H. Fishman (of Washington Mutual, which just went under and was bought out by JP Morgan) has landed on his feet. He only worked at WaMu for 17 days and will receive roughly $20 million. Thinking on the bright side, just think how much he would have cost to fire if he ran a successful company.
http://jonathanturley.org/2008/09/26/i-quit-washington-... /
That's assuming he worked 8 hour days. The actual money amount is probably a bit more than that. That's not including his actual salary and expense account, etc. for that time. I wonder if he wasn't allowed to go the bathroom while he was on the job:
Workers on the bottling line have been upset since last fall, when the company began restricting them to four breaks during a 9.5-hour shift. Only one of the breaks can be unscheduled. Extra trips can result in reprimands. And workers with six violations can be fired.
Some of the 150 affected employees have resorted to wearing protective undergarments, say officials of the United Food and Commercial Workers union, which represents production workers at the Clermont, Ky., ...
(from 2002, since resolved)
http://www.highbeam.com/doc/1G1-120205569.html
xiamiam (1000+ posts) Sat Sep-27-08 10:33 AM
Response to Original message
1. well, one hour would solve my immediate problems..nt
lonestarnot (1000+ posts) Sat Sep-27-08 10:35 AM
Response to Original message
2. The money syphons! ****ing no good bastards!
flstci (57 posts) Sat Sep-27-08 10:39 AM
Response to Original message
4. That is ridiculous. N/T
Who is Alan H. Fishman ? Lets find out.
Alan H. Fishman Joins Washington Mutual as Chief Executive Officer
09.08.08, 7:32 AM ET
Washington Mutual, Inc. (NYSE:WM), one of the nation's leading banks for consumers and small businesses, announced today that Alan H. Fishman has been appointed chief executive officer and has joined WaMu's Board of Directors.
Fishman, 62, has more than 25 years of experience as a senior executive in banking and financial services. He was previously president and chief operating officer of Sovereign Bank and president and chief executive officer of Independence Community Bank. He succeeds Kerry Killinger, who is leaving the company after serving as WaMu's chief executive officer since 1990.
Stephen E. Frank, chair of the Board, said, "We believe Alan Fishman is the ideal executive to succeed Kerry Killinger and lead WaMu through its current challenges. Alan has had a distinguished career in many aspects of the financial services business and brings a unique combination of in-depth industry knowledge, an entrepreneurial approach, and strong management skills that make him the right choice to be CEO of WaMu at this critical juncture."
snip
Fishman has spent his entire career in the financial services industry as both an operator and an investor. Until 2007, he was president and chief operating officer of Sovereign Bank. He joined Sovereign through its 2006 acquisition of Independence Community Bank, a leading community bank and multifamily lender in the New York area, where he had been president and chief executive officer since 2001. Recently he has been involved in a variety of business and civic activities, including serving as chairman of Meridian Capital Group, one of the nation's largest commercial mortgage brokerage firms, and as chairman of the Brooklyn Academy of Music. He holds a bachelors degree from Brown University and a master's degree in economics from Columbia University.
Wow, I like his creds. Let's see who he gives money to.
http://www.opensecrets.org/indivs/search.php?name=fishman%2C+alan&state=NY&zip=&employ=&cand=&all=Y&sort=N&capcode=rqkdc&submit=SubmitFISHMAN, ALAN
BROOKLYN,NY 11201 INDEPENDENT COMMUNITY BANK CORP/PRE 7/1/04 $500 Serrano, Jose E (D)
FISHMAN, ALAN H
BROOKLYN,NY 11201 CONTIFINANCIAL CORP 12/3/01 $3,000 Schumer, Charles E (D)
FISHMAN, ALAN H
BROOKLYN,NY 11201 INDEPENDENCE COMMUNITY BANK 12/15/03 $2,000 Bowles, Erskine B (D)
FISHMAN, ALAN H
BROOKLYN,NY 11201 INDEPENDENCE COMMUNITY BANK/PRESIDE 2/22/06 $2,000 Yassky, David (D)
FISHMAN, ALAN H
BROOKLYN,NY 11201 SOVEREIGN BANK/BANKER 7/3/06 $1,500 Andrews, Emanuel Carl (D)
FISHMAN, ALAN H
BROOKLYN,NY 11201 SOVEREIGN BANK/BANKER 8/2/06 $1,000 Andrews, Emanuel Carl (D)
FISHMAN, ALAN H
BROOKLYN,NY 11201 INDEPENDENCE COMMUNITY BANK/PRESIDE 12/19/05 $1,000 Clarke, Yvette D (D)
FISHMAN, ALAN H
BROOKLYN,NY 11201 INDEPENDENCE COMMUNITY BANK 10/26/04 $1,000 Schumer, Charles E (D)
FISHMAN, ALAN H
BROOKLYN,NY 11201 INDEPENDENCE COMMUNITY BANK 10/26/04 $1,000 Schumer, Charles E (D)
FISHMAN, ALAN H
BROOKLYN,NY 11201 INDEPENDENCE COMMUNITY BANK 3/23/02 $1,000 Bowles, Erskine B (D)
FISHMAN, ALAN H
BROOKLYN,NY 11201 INDEPENDENCE COMMUNITY BANK 10/1/02 $500 Bowles, Erskine B (D)
FISHMAN, ALAN H
BROOKLYN,NY 11201 INDEPENDENCE COMMUNITY BANK 11/26/03 $500 Schumer, Charles E (D)
FISHMAN, ALAN H
BROOKLYN,NY 11201 INDEPENDENCE COMMUNITY BANK 10/22/04 $500 Bowles, Erskine B (D)
FISHMAN, ALAN H
BROOKLYN,NY 11201 SOVEREIGN BANK/BANKER 8/2/06 $400 Andrews, Emanuel Carl (D)
You think the DUmmies would like him
He does give money to Republicans
FISHMAN, ALAN H MR
NEW YORK,NY 10004 MERIDIAN CAPITAL GROUP/CHAIRMAN 5/10/07 $2,300 Romney, Mitt (R)
FISHMAN, ALAN H MR
BROOKLYN,NY 11201 INDEPENDENCE COMMUNITY BANK/EXECUTI 3/26/02 $250 Kelly, Sue (R)
FISHMAN, ALAN J
VALATIE,NY 12184 INDEPENDENCE COMMUNITY BANK/BANKER 11/2/04 $1,000 Sweeney, John E (R)
FISHMAN, ALAN MR
GHENT,NY 12075 MERIDIAN CAPITAL GROUP/CHAIRMAN 5/7/07 $500 Wager, Richard C (R)
This DU thread died pretty fast.
