After all the hearings in Washington and the intense grilling (not on the barbeque but in the House committee), you would think the arrogance attitude of these bankers would have been slapped in the face by the taxpayer who is handing out millions of dollars from our pockets.
But no, or in the case of Wisconsin’s own Associated Bank, a big "HELL NO."
Associated Bank chief executive officer Paul Beideman tells the good taxpayers this is standard operating procedure for his bank! What?
Paul ol’ boy, was it standard operating procedure for Wells Fargo to cancel their trip to Las Vegas for their top 100 folks, was it standard operating procedure for Citibank to cancel the purchase of the new $50 million plane?
Was it standard operating procedure for you and the rest of your bank boys to screw away trillions of dollars on bad investments? Your bank is "currently" profitable, yet the bottom line is you cashed a check from the American public, and we are fed up with the arrogance you and others like you show.
Christopher Carter is the chief executive officer of CCI in Milwaukee.