CEO of Capital One Financial in 2009, Richard D. Fairbank earned a total compensation of $6,076,805, which included no base salary, no cash bonus, $2,000,019 in stock awards, $4,000,001 in option awards, and $76,785 in other compensation. In 2012, Fairbank's total compensation was $22.6 million. Fairbank receives a base salary of $1.
Yet..
http://www.consumeraffairs.com/credit_cards/capital_one.htm http://consumerist.com/2006/07/31/complain-mailing-address-for-capital-one-ceo-richard-fairbank/http://www.ripoffreport.com/r/CapitalOne-360-Bank-Capital-One-Financial-Corporation-/McLean-Virginia-22102/CapitalOne-360-Bank-Capital-One-Financial-Corporation-Richard-Fairbank-CEO-Unreasonabl-1129056Meanwhile at the office..
"The bureaucracy is far crazier than anything I've seen in any other company. It can be very difficult to get through the red tape and get things done. Half of the people who work here are there to prevent the other half from doing their jobs."
"There is a weak approach to expense management. As a result. Most of the office is traveling at any given time even though they don't need to be. People will habitually fly from Toronto to Richmond Virginia for a single short meeting. People go on trips simply because they are young and like to travel."
"management is ridiculous; managers are promoted without any training - they micromanage
-promotions are the motivator for everything; individuals are not committed to company or values"
Well.. course there's this too..
"Directors of the Federal Reserve Bank of Richmond have reappointed Richard D. Fairbank, chairman and chief executive officer of Capital One Financial Corp. of McLean, Va., to a second term as the Fifth Federal Reserve District's representative on the Federal Advisory Council. The new term begins Jan. 1, 2011.
The Federal Advisory Council, composed of a representative from each of the 12 Federal Reserve Districts, confers periodically with the Board of Governors of the Federal Reserve System on business conditions and issues related to the banking industry. It also makes recommendations regarding System policies. Representatives are selected annually by the boards of directors of each Reserve Bank."
.. and who's the federal reserve again??.. oh right.. shadow shareholders..
Guess the Boston tea party didn't work after all...
And for every moron.. that says... pay back your debt! It's as simple as that.. we'll don't worry. They're coming for everything you own too.. oh and also everything your entire bloodline to come owns too..
Oh yeh.. that microchip implant payment system is getting close.. and will make it much easier to manage all of that personal debt the corporate elite need to fly to their tea parties...
Great vid for kiddies that don't like to read. Could be wrong, but I think there's some illiteracy in this thread..
The Biggest Scam In The History Of Mankind - Hidd…:
http://youtu.be/iFDe5kUUyT0