Bank Got Bailout, CEO Got Golden Parachute
Read More:
Financial Crisis,
South Financial Group,
Golden Parachute,
Wall Street Bailout,
Mack Whittle,
Bailout Bandits,
Business News
The South Financial Group announced this week that it had been approved to receive $347 million from the U.S. government. But the bank's founder and longtime CEO won't be sticking around.
ProPublica | Posted 12.21.2008 | Business