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View Diary: CRACK!: Bank of America Downgraded (234 comments)

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  •  Bank of New York Mellon (5+ / 0-)

    In Jan 2008 their shares were around $48 today $18.  I don't understand why shareholders allow these idiots to run these companies.  Just recently Robert Kelly (from the Mellon group that took over BNY in 2007) resigned due to the feds and NYS looking into the bank paying the lowest foreign exchange rate rather than the highest.  So what does he get when Kelly leaves? $30+ million.  

    Bad politicians are sent to Washington by good people who don't vote.

    by Renie57 on Fri Oct 14, 2011 at 10:46:56 AM PDT

    [ Parent ]

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