Sovereign Bancorp names Perrault CEO

Sovereign Bancorp names Perrault CEO

There are 1 comment on the Baltimore Sun story from Oct 1, 2008, titled Sovereign Bancorp names Perrault CEO. In it, Baltimore Sun reports that:

Shares of Sovereign Bancorp Inc. jumped nearly 70 percent yesterday as the bank named former Chittenden Corp.

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rich s


#1 Oct 1, 2008
lets see the current CEO is leaving, most likey with a couple of suitcases full of our cash, the new CEO will be paid very well for a few days work and than when the bank fails the share holders will forget all about the old CEO and go after the new CEO to place the blame, this has happened all to often, remember ENRON, top excs left the new guys hold the bag! lets not let them get away with ruining our investments and getting millions of dollars as we lose our life savings! Demand investagations! The Enron people were finaly prosicated.
I am a long term shareholder of SOV, reinvesting dividends over the last 20 years, I am hopeing for the best but have lost over 50% of my lifes savings, owned Washington Mutal, Wachovia and Sovergin. Who is gonna bail me out?

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