Just read the story carried in MacLeans about the over $18 billion in bonuses being paid out for 'performance' in 2008.
Absolutely incredible. And not in a good way.
Check the story out for yourself at: http://blog.macleans.ca/2009/01/29/wall-street-crumbles-but-bonuses-don%e2%80%99t/. Please join the discussion. I did.
Anger. Disappointment. Frustration.
All their expensive marketing and advertising efforts just got blown out the window.
Makes me want to stop doing business with them. In fact I actually did that a number of years by joining a local credit union, http://www.parama.ca/. Friendly service, no fees, and they give money back to their members. Nice business model. Their marketing: "treat their customers as people first".
Works for me.
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