animal70X7
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I know this- I'm tired of this BS. I've looked for another job, but I haven't found one yet. I look at it this way- I make over 50k a year. I pay nothing for my family's medical. I get 31 days a year off when I count holiday pay. If I found something even remotely close to that I would've been gone by now. So for all of you banging the drum for them to close, just find another job already. I don't like this anymore than the rest of you, but a lot of you fail to understand one simple thing- THEY DON'T HAVE ANY PILE OF HIDDEN MONEY TO GIVE US!
You are right they don't have a hidden pile of money. But neither do they have the management ability to get themselves out of this situation. Even if we worked for free for the next 2 yrs they can't pay this debt off. All this vote would do is kick the can down the road a few months till the bank gets tired of them not making their payments (they have a billion due by early 2015). At that point, the bank will sell the regional's to recoup a little of their loses and close the rest. There are not assests to sell off, no property, worn equipment that will bring pennies on the dollar. How much longer do you think JP Chase is going to put up with this?