Comments on: $55K for a bailout-mobile? http://www.footnoted.com/buried-treasure/55k-for-a-bailout-mobile/ Morningstar's guide to what's hiding in SEC filings Fri, 10 Feb 2012 20:24:57 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Sandor Lundquist http://www.footnoted.com/buried-treasure/55k-for-a-bailout-mobile/comment-page-1/#comment-7025 Sandor Lundquist Fri, 12 Dec 2008 16:20:43 +0000 http://www.footnoted.com/?p=3013#comment-7025 Idiots, before you start attacking the very highly respected bank turnaround specialist, Mr. Cupp, you need to do a mere 3 minutes of homework. Not every American banking executive is a greedy asshole - the assholes create a presumption for the others who do have integrity and do step up. First, Cupp was hired by CCOW before the financial services industry fell apart or anything like TARP appeared. His compensation is extremely modest by industry standards for a bank of this size, especially one so troubled when he came in. Second, his predecessor, Thomas Hawker, who was CEO of CCOW for 17 years, ran CCOW into the ground through extravagant material expenditures, acquiring banks CCOW could not afford because it was already privately fragile, sitting on his complacent, self-aggrandizing ass surrounded by a board of inept and unqualified sycophants, and much more. He danced out of CCOW in June, 2007 with a prayer to everyone left behind for the mess he created - indeed, it remains to be seen whether this important community bank will survive thanks entirely to Thomas Hawker. You want the facts? Go to www.ccow.com and www.countybank.com, and call Mr. Cupp personally, to get your facts straight before going off on a rare American corporate hero. Idiots, before you start attacking the very highly respected bank turnaround specialist, Mr. Cupp, you need to do a mere 3 minutes of homework. Not every American banking executive is a greedy asshole – the assholes create a presumption for the others who do have integrity and do step up. First, Cupp was hired by CCOW before the financial services industry fell apart or anything like TARP appeared. His compensation is extremely modest by industry standards for a bank of this size, especially one so troubled when he came in. Second, his predecessor, Thomas Hawker, who was CEO of CCOW for 17 years, ran CCOW into the ground through extravagant material expenditures, acquiring banks CCOW could not afford because it was already privately fragile, sitting on his complacent, self-aggrandizing ass surrounded by a board of inept and unqualified sycophants, and much more. He danced out of CCOW in June, 2007 with a prayer to everyone left behind for the mess he created – indeed, it remains to be seen whether this important community bank will survive thanks entirely to Thomas Hawker. You want the facts? Go to http://www.ccow.com and http://www.countybank.com, and call Mr. Cupp personally, to get your facts straight before going off on a rare American corporate hero.

]]> By: Ginger http://www.footnoted.com/buried-treasure/55k-for-a-bailout-mobile/comment-page-1/#comment-6858 Ginger Thu, 20 Nov 2008 05:07:51 +0000 http://www.footnoted.com/?p=3013#comment-6858 55K for a company car, 500K a year salary? ARE THEY KIDDING? I am sick to death of my tax dollars going to people that do not need it, BAIL OUTS, Let's get real folks. They are the ones living high on the preverbial hog so why should we keep taking care of them when there are so many other people that need it? WE MUST CHANGE THE WAY WE DO THINGS. ENOUGH SAID, JUST PEEVED ABOUT ALL THESE BAIL OUTS. 55K for a company car, 500K a year salary? ARE THEY KIDDING? I am sick to death of my tax dollars going to people that do not need it, BAIL OUTS, Let’s get real folks. They are the ones living high on the preverbial hog so why should we keep taking care of them when there are so many other people that need it? WE MUST CHANGE THE WAY WE DO THINGS.

ENOUGH SAID, JUST PEEVED ABOUT ALL THESE BAIL OUTS.

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