RIABiz:“ Walt Bettinger pulls $500 million rabbit from hat based on projected cuts to Schwab 'headcount' and 'real estate savings'

https://riabiz.com/a/2023/7/19/walt-bettinger-pulls-500-million-rabbit-from-hat-based-on-projected-cuts-to-schwab-headcount-and-real-estate-savi

“ Bettinger attached a fresh metaphor to his firm's post-integration, post-rate-whipsaw future.

“Today, the fog represents the short term challenges brought on by the near record pace [of] interest rate increases by the Federal Reserve.

”But as we all know, the fog clouding Treasure Island ultimately lifts, and the beauty of Treasure Island becomes clear.” he waxed poetically. “

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“Easy cuts” What a jack a—. I Hope karma gets him good.

He should be known as W Easy Cuts from now on.

Neutron Jack would be so proud.

Damn, cold-blooded.
"...and reveals a chest of bullion in the form of rosy revenue prospects and some EASY cuts to jack up margins"

https://riabiz.com/a/2023/7/19/walt-bettinger-pulls-500-million-rabbit-from-hat-based-on-projected-cuts-to-schwab-headcount-and-real-estate-savings-assuring-analysts-it-wasnt-previously-baked-in

Then he too the rabbit and shoved it up his peon's azzes.

Wow! Long but worth reading, more than we heard before. Thanks for link OP

“ The Schwab CEO says the stubborn 'fog' is 'lifting' on 'Treasure Island' and reveals a chest of bullion in the form of rosy revenue prospects and some easy cuts to jack up margins”

Easy cuts!?!?

While Treasure Island has a lovely view of the Venetian, Walt's more likely to land the ship at Circus Circus.

Did he really say this line about Treasure island?? Embarrassing

If laying people off makes you a magician I think Walt is the new David Copperfield

Thread regarding Charles Schwab Corp. layoffs

RIABiz:“ Walt Bettinger pulls $500 million rabbit from hat based on projected cuts to Schwab 'headcount' and 'real estate savings'

9 replies (most recent on top)

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