If layoffs are keeping the stock price at a high, it’s really pathetic. Business wise there hasn’t been much and hence employees were chopped off, conveniently.
If anyone is interested at all, link to results call.
https://event.choruscall.com/mediaframe/webcast.html?webcastid=kVKFEHnu
@mugi, nobody exercised BK options at $63. And math has nothing to do with your id--tic lies.
@9mak+1
And yet we exercised our options at the $63.00 mark along with the change in control clause. Really su-ks to be innumerate doesn’t it.
||| is sofa king we todd did. Stock wasn't anywhere near 60 under bob kelly.
VVV
Better to be quiet and thought ignorant than open your mouth and remove all doubt of it.
By the way sorry you sc--wed up cashing in all four Shared Success options when Bob Kelly talked it up to $63 and with change of control all options were exercisable. Su-ks to lose free money doesn’t it.
It’s better to be quiet and thought stupid than to flap your gums and remove all doubt of it.
All four Shared Success options were in the black and exercisable when Kelly talked the Bank up to 63 and then sold to BONY, Meeting the change in control clause.
I trained employees on these options, which were generously given to us by Marty McGuinn.. Unfortunately after a few years so many lost their paperwork, stopped following and missed the brief $63 coupled with the change of control clause which made all four distributions exercisable.
I saved so many people from their own stupidity. I can tell you that those options were a huge deal for our family which was really struggling at the time.
I still have the documents of my exercise of the options scanned into PDFs in my tax files
So sorry that you blew a nice windfall. I even helped employees do their taxes.
@7ahk, can you work a brain? It hit 63 more than a decade after Kelly left.
https://duckduckgo.com/?q=bnym+stock+history&t=ipad&ia=web
And yet it hit 63. Can you work a link?
All four Shared Success Distributions were exercisable due to the $62 target in combination with the change of control clause.
I had a training role in explaining to teams what options were, how they worked, and when they become exercisable. I hustled around and let people know that they were exercisable but nobody believed it. Those whom believed me all lost their paperwork. I was so sorry for these people but some people just aren’t engaged. We see that now on a smaller scale with RSUs.
@5ntw, if you had 2 shares under Kelly them might have been worth $60.
@5vkb, bk stock didn't come anywhere near the $60 range under Bob. What are you talking "abboot"?
It’s sure has been a long slide down since Bob Kelly hit $63 and all of our Shared Success options from Marty McGuinn vested and we sold under the change in control poison Pill.
https://duckduckgo.com/?q=bnym+stock+history&t=ipad&ia=web
People like Roman Regelmann are examples of jobs which lead to revenues. Note that I did NOT say that Roman Regelmann has ever created a single revenue stream in six or 8 years and counting. He has not. He also has never cut costs. He even failed in his initial task to cut Faxes, a 1970s technology.
Supposedly he is now creating some sort of ETF with crypto currency but I’ll believe it when I see it. Somehow the guy keeps his job which baffles me. Perhaps he only needs one home run to justify 8 years of no deliverables.
@3psi, if we don't maintain our restrooms we'll be fined by the health department and OSHA. Plus we'd have difficulty attracting talent if we don't have decent offices. Although, judging by your lack of basic reasoning, we already have trouble attracting talent.
You can’t call a cat a dog. Many jobs are purely expenses. Other jobs drive revenue, and thus earnings.
Tell me how the bathroom custodian drives revenue please.
You might rethink your assertion.
Quite the contrary, @1urp. We all SHOULD be driving revenue. For most jobs it's pretty hard to pinpoint how they're driving revenue, but everyone SHOULD be.
All comes down to who is revenue and who is expenses (we are all expenses)