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Vault Message Board: Charles Schwab

Topic Name: More Layoffs?
Message Name: Vatican we're not
Date Posted: 01/18/2006
In Reply To: You need to come off you high horse....the days of looking out for our client's best interests are over and dead. Yes we once had a purpose but now we are just like everyone else. It's business....you need to figure out how to play the game. If you feel bad about that give some of your bonus to the poor. There are plenty of good people who got the boot because they cared. I used to but woke up a few rounds ago. Play the game and you will do fine. WB and his people are here to stay. On another note the cutting continued today...I wonder what tommorow will bring? Active Trader? Fixed Income? SPC HQ?
Message: You are very correct, it's probably better and easier to stop pining for the old Schwab and simply accept we are now like any other corporation.

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