First, the CFO is a terrible speaker. Second, what a baby face. But most important, in one of the videos he said “I’m sure there will be set backs” when talking about the regulatory issues. Between that and Shart comments on the analyst earnings call, they definitely seemed to signal we’d have more enforcement actions coming.
18 replies (most recent on top)
@1otp+1dovIAEC. Take a chill pill or two!!!
Mark Zucherberg even made it to SNL. So much drama
The CFO is so painful to watch! Can't they give him some training in public speaking?
Post ID: @1blv+1dovIAEC
There was that whole pandemic thing though so given that the price is only a few bucks off is not bad in my opinion. That having been said, I'd be in the minority on this board - I'm not rooting for the company to fail.
"DEI is based upon discriminating against one segment of society while promoting others."
$1000 says you're a straight white male. When you’re accustomed to privilege, equality feels like oppression.
@nzc+1dovIAEC Share price is actually slightly down from when Shart started so by that measure he’s made no progress even with massive buy backs
@jrn+1dovIAEC You said, I am 100% for any diverse or non-diverse candidate who brings talent, skills, ethics, maturity and experience to the table.
In a wonderful world, that would be all of the hiring, and no other hiring. But we didn't have it before DEI, nor will it be with DEI. Actually, it is a utopian ideal.
To those who think, naively, that DEI is the answer, dream on.
DEI is based upon discriminating against one segment of society while promoting others. If you don't know who gets discriminated against, you are one of the naïve, and you have a bit too much to learn in life.
Good luck to us all.
Post ID: @rph+1dovIAEC
I hear you. I’m not much of one who respects management teams who focus on all the buzzwords of the day, but fail to attend to the basics of running the company. Get the business right first and foremost. However, I am 100% for any diverse or non-diverse candidate who brings talent, skills, ethics, maturity and experience to the table.
@irj+1dovIAEC What about DEI? It is the most important buzzword for the 2020's. We don't care how you talk, just how you look. As in, well, you know. By the way, I hear DEI Veeps get a hefty starting salary. Who cares how it affects the bottom line, as long as the CEO can stay employed and avoid incoming arrows.
He's 44. Not that young, not that old.
Effective public speaking should be one of many basic requirements for any top executive getting paid in the multi- millions of dollars.
Institutional investors are not much better than individual investors. Investors and analysts only know what the companies want them to know. Wells Fargo was widely held by institutional investors before the scandals broke in 2016. 70% of Enron shares were held by institutional investors.
Post ID: @klp+1dovIAEC
Individual investors may not be 'in the know' but I'd venture an opinion that institutional investors do a bit more research and seeing as they own ~75% of the outstanding stock, that's really what's important. WFC has a target of around $60 based partially on stock buybacks so there is some upside there. Either way, hopefully we'll be in better condition in another three years or so and maybe, the CFO will look older 'cause that makes all the difference in the world /s
Post ID: @nzc+1dovIAEC
Sorry to be the one to break it to you, but investors aren’t all that knowledgeable about the companies they purchase. There are plenty of examples of executive insiders selling while outside investors are buying on misleading “positive news”. 52% of the Fortune 500 companies from just 20 years ago are no longer in business.
In all seriousness, you should never be allowed to be an executive if you cannot communicate in a clear engaging way while avoiding buzzwords.
And you most definately shoukd not have the "um" in your vernacular. At all.
If you cannot have enough self discipline to drive that out of your communication style, yoh are either lazy, apathetic or uneducated.
I've seen a good CEO. He communicated well, could story tell and most of all he cared about how what he did affected his people.
Oh, Chuck finally has a stock price increase since he got hired?
Only took two years to gain 2 bucks.
Such gains, the hedge funds will tripping over themselves to snap that stock up.
The stock is over $50 now so investors must be happy with him. I guess some people value experience and job performance over superficial things like what the guy looks like. Who would have thunked it?
Dude looks like he’s just out of high school. Fits in with cheap hires.
Post ID: @vun+1dovIAEC
You'd be wrong on that.
WFC must be down big now. Terrible speak and baby face would do it. LOL