Wow he did it. No more asset cap.
I take my hat off to him. We all should.
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He told in the call that he is 60. So likely to stay for a year or 2. May not do much here
@OP Can you explain what exactly he did versus the worker bees?
Wow he did it! He bribed people, curbed risk reporting to fool regulators (not that they can do anything now anyways), and laid off thousands but he did it!
Wonder what new scheme they have cooked up to rip off the customers?
Actually i felt like we had way better management under Stumpf and Sloan, if being honest, like vastly better. This place is a giant mess, they got hordes of Indians making p-o piles everywhere, thousands of headcount who are brain dead sending out worthless emails, doing activities that should be automated. The avg employee IQ is about 50 points lower after Charlie took over. Charlie is just politically connected.
He's completely destroyed the morale of the company and fired tons of knowledge which will take years to repair the damage. But that asset cap is gone so let the good times roll!!
Time to bring back Timmy Sloan and Shrewsberry to deliver true growth
Agree! He is doing great work at cleaning up the Stump Sloan mess.
Does that mean he’s leaving now?
Fantastic news! 6+ years to accomplish the overwhelming item hired to clear at his time of hire
He’s terrible. He cannot leave soon enough
How fast did it happen vs could have? What remains now, really? It is a pyrrhic outcome.