Webster Reports Huge Loss, Will Cut 2...

Webster Reports Huge Loss, Will Cut 200 More Jobs

There are 25 comments on the Hartford Courant story from Jan 23, 2009, titled Webster Reports Huge Loss, Will Cut 200 More Jobs. In it, Hartford Courant reports that:

Webster Financial Corp. reported a huge loss in the fourth quarter, slashed its dividend and cut more jobs, but the chief executive of the Waterbury -based bank insisted Friday that prospects for the future ...

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United States

#23 Jan 26, 2009
Were there any cuts for Mr. Smith and his highly-paid executives? how about all their perks??? and how about big bucks for their lobbyist friends???cutting the dividend so harshly is unfair to shareholders who already have been penalized by the horrific drop in the price of the stock...Smith and his cronies should have been bounced years ago...

Waterbury, CT

#24 Jan 26, 2009
What a joke of a bank. Anyone in management should be expelled from the industry for this performance. I shut my accounts down out of here before it's shut down. my manager went to disney 3 years in a row. why is my bank spending my money on trips? smith doesn't even drive himself?! cancel the stock options. shut down ny and boston. fix connecticut or your customers will fix you by dumping this outfit!

Naugatuck, CT

#25 Jan 27, 2009
A lot of you people don't have your facts straight. Believe it or not, you know NOTHING about the TARP fund. You should point fingers at the Govt. instead and LACK OF REGULATION!

United States

#26 Jan 27, 2009
Cheers wrote:
Webster is a miserable bank. I'm rooting for it to collapse. Couldn't happen to nicer people.
Only Rush Limbaugh and pals root for more failure, more job losses and more hardship for the USA and its citizens - after all that's what they did for the last 8 years so why stop now?

North Billerica, MA

#27 Jan 27, 2009
"Bootoyou" should keep the employee card in his pocket!

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