I have some questions for Kenneth D. Lewis, the CEO of Bank of America:
1) Are you really going to pay Angelo Mozillo's country club membership fees through 2011?
2) Why are you giving Mr. Mozillo — a failed executive — $115 million in severance pay?
3) Will Countrywide's India based customer service employees be taught the phrase "Bank of America/Countrywide regrets that you were not adequately informed of the terms of your mortgage."
4) Why are you buying one of America's most evil companies?
Nothing good will come of this deal. B of A will be humbled as Countrywide's assets deteriorate further over time.
JS
Why did Carly Fiorina get her severance for mucking up HP/Compaq for so long?? It's called a golden parachute. It might not appear fair, but it is what it is.
3) Will Countrywide's India based customer service employees be taught the phrase "Bank of America/Countrywide regrets that you were not adequately informed of the terms of your mortgage."
Hmmm, Indian call center workers teaching some Americans basic math skills for free…That wouldn't be a bad thing would it? Who else would these people learn from here in the States? 🙂