This is so messed up! While most of us took massive pay cuts he took 7.5% last year. Some folks took as much as 60% bonus pay cuts. This year it wasn't a windfall for 95% of the company and barely makes the difference in last year's loss. What a sc-m of the earth this man is! He needs to resign!
This bank is a total dumpster fire...even with RSUs..they robbed the avg folks to pay the bottom. The top never losses a penny. Greed as such is disgusting!
This needs to be illegal!! Where is the cancel culture to cancel this sort of thing.
I'll fully get behind this and I never agree with them!
https://www.americanbanker.com/articles/bank-of-america-ceo-moynihan-gets-32-raise-to-32-million