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Rich get Richer: WaMu new CEO made 20 million for 17 days of work.

Wetwired Time Friday, September 26th, 2008 at 12:40 pm by pylorns

HOLY SHIT-SICLE(similar to a popsicle only made of shit).  WaMu goes and hires a new CEO to help them through their troubled times and guess what happens, Alan H. Fishman, throw’s on his “golden-glowing-billowing parachute” and jumps out of a window with cash falling out of his pockets.  (I wish I could draw..).  Not just pockets full of cash but bank accounts full, 20 million dollars.

According to filings with the Securities and Exchange Commission, WaMu threw a $7.5 million bonus at Fishman when it hired him on Sept. 8, and guaranteed him an immediate cash severence of $11.6 million — both of which he gets to keep.

He also was eligible for annual bonuses of up to 365 percent of his annual base pay — set at $1 million — to go with millions of shares of company stock.

Fishman does lose out on a big bonus that would have kicked in had he remained on the job through 2009.

Oh, say it ain’t so, he will miss out on that big bonus.

Documents show WaMu was going to pay their new boss $8 million to simply not screw up and get fired — all negotiated as the Seattle-based banking giant’s loses climbed to an estimated $20 billion.

Wow, I would love a job where I could get paid 8 million to just not screw up enough to get fired.  Seriously, I guess I need to find a bank that is failing…




Requiescat In Pace, Booger.

Wetwired Time Wednesday, November 22nd, 2006 at 8:50 am by Finley

Looks like Hollywood finally made a good call, as the Revenge of the Nerds remake got shut down. Apparently, what they were shooting really sucked, so they shut it down.

About friggin’ time, because Lord knows all we needed was yet another shitty teen movie remake.

Out.




I’m Getting Sick of This Spam Shit.

Wetwired Time Sunday, May 7th, 2006 at 12:39 am by Finley

So, I get home after being out with Py and his father today. We went up to the Scarborough Faire south of Dallas, and had a good time. I go to the Wetwired Moveable Type site, to check for any additional comments and such.

There were, in fact 29 additional comments posted since this morning. Every single one of them was a spam posting. Every one of them was deleted.

Fuck this. I’m sick of the whole “bigger penis/Phentermine/calling card/cheap prescription drugs and boner pills/fake Rolex” crap. The thing that makes cleaning out this crap worse is that you know- you KNOW- the scumbags that put this shit out there do it because some clueless jagoff out there actually CLICKS ON THEM.

Shit like this makes me want to go Jeremiah Johnson on the World Wide Web and say “fuck it all” to the Internet. It just pisses me off.

Out.





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