Since January, Kate has been trying to extract her pension money from Washington Mutual. This morning was the fourth time attempting to get the company Washington Mutual uses for its pension funds to simply send her the forms to request the pension disbursement to her Individual Retirement Account. This morning came the most interesting excuse… Continue Reading
Tag Archives: Washington Mutual
When the job market falls apart…
With unemployment over 6% in the United States (some 8% if you use the criteria from the 1980’s) and some industries really taking it on the chin, Cubicle Warriors necessarily feel uneasy about their positions. It make sense. But worrying about your position doesn’t do you much good. What follows are eight killer steps to… Continue Reading
You Are Indispensable – Until the Rules Change
How many people do you know who believe they are indispensable to their company? If they go, the company goes. Surprisingly, to me at least, a great many believe the company would go under if they left. Or at least their department. This attitude persists even in companies that are laying people off and losing… Continue Reading
WaMu modifies 2008 executive bonus to exclude housing woes
In a regulatory filing, Washington Mutual’s Board of Directors decided that executive bonuses for 2008 would exclude housing-related loan losses and expenses tied to foreclosures. For example, this will allow the CEO’s 2008 bonus to now equal — and achieve — 365% of his base salary. The reasoning for the formula according to the Securities… Continue Reading
Laid Off — A new journey begins
Last week I was on vacation. Upon returning to the office on Monday of this week, the layoff dance at my employer (Washington Mutual, much in the news) had already begun. My employees — who support the entire country in their work — were already hearing of large layoffs in the Eastern Time zone (we… Continue Reading