After several weeks of speculation, stress, answering FDIC insurance questions and coming home with raging headaches, there is finally a resolution at work. I am now officially employed by JP Morgan Chase Bank and there are a lot of unknowns about the transition that will be worked out in the next 12 to 18 months. For now, my pay remains the same which includes the crappy incentive pay that is due to a business structure that was flawed. I still don't know what the pay structure or incentive package will look like for next year under the new plan put forth by my new employer. Some good opportunities might come forth as I have set myself up well to be promoted to manager soon. I suppose it is just a waiting game now. The positive side of the acquisition is that it is possible I could get a pay raise......still too far off to know anything officially. The other positive is that JP Morgan Chase Bank is a commercial bank and provides training to learn how to do commercial loans (which is what i would need to be a manager of a branch in Montana, if and when it comes to that).
My WAMU stock is now worth $0. All while our CEO got a severance package of $17.5 Million. Also, our interim CEO (for all of 18 days) got an outrageous sum of cash. You can read about that here http://www.reuters.com/article/marketsNews/idINN2632102320080926?rpc=44.
I am really looking forward to one month from today when i can take out all my frustrations by shooting rifles at innocent animals in Montana.
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Mommy cut her hair to look Mommy presentable!
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