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Saturday, October 11, 2008

It isn't just AIG
Posted by Jill | 10:22 AM
Wachovia is sending its executives on a junket too:

As ailing Wachovia Corp. waits to see whether it will be acquired by Wells Fargo & Co. or Citigroup Inc. -- possibly with taxpayers paying the tab for hundreds of billions of dollars in bad loans -- some of the company's top brokers are preparing to depart Saturday for an all-expenses-paid cruise of the Greek Isles.

The weeklong trip for up to 75 employees of brokerage A.G. Edwards, which Wachovia acquired last year for nearly $7 billion, will also include spouses and significant others, said Teresa Dougherty, a Wachovia spokeswoman.

"This is one way that we recognize our top financial advisors," she said.


Full disclosure: My department at my new employer is attending a company conference next month in Europe. My employer, however, is doing quite well, thank you very much, and is not seeking government bailouts.

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1 Comments:
Blogger Distributorcap said...
ugh..... where is the frigging anger from the heartland

oh silly me! it is at obama the terrorist/socialist

i guess if i didnt laugh a lot i would be crying a ton
10/11/08, 11:07 AM  
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