All this wild ass speculation reminds me of the threads when we were waiting for the AGE retention package a year ago. Turns out that no one had inside info and many of the contributors to the threads were trolls and people trying to shit disturb. Seriously, we will know when we know.

Did anyone hear that Carrol had heart surgery and that has pushed things back a few weeks?

I am one of those in PCG between 750 - 1MM that is sitting on a deal. You can count me and my clients GONE if nothing comes down by Jan 1.  This has to be one of the biggest jerk offs in brokerage history. Not only does Danny have no power he can’t even speak. Someone should set an over/under on how many “ummm’s” comes out of this dudes mouth the next time he wastes 30 minutes of our time.

I like the speculation about “nothing until next year”. Don’t they plan on closing by the end of the year? Who is going to sign their U-4 over to WFC without seeing a retention package? I am not. Let’s see a show of hands who will sign before they show us something.

[quote=JamesF]Did anyone hear that Carrol had heart surgery and that has pushed things back a few weeks?

Lack of communication due to no new news is malpractice if we did that to our clients. Can you imagine not communicating with your clients since October???

They are communicating. Just today I recieved an email on severance pay. That is soothing!!

In reference to the severence package email…I could not believe that came out the way that it did.  Did the AGE guys get it??  Unreal!!

Severance?  Really?  I haven’t heard…details please.

Just a blast email to EVERYBODY (or so I thought), detailing how the new company will have overlap, blah blah blah, and that everybody who is let go will get a severence package based on their LOS with WB/WFC, and based upon their BEC (Benefits Eligable Compensation).  There was just no warning of this, and a lot of people thought htta this was their notification that they got pink slipped.  Very poorly done.

Where is George Bailey when you need him.

He’s living in St. Louis wondering how he ever let Bob Bagby (playing an exceptionally fine Potter) take his once fine firm and drive it into the ground.

DL is definitely Uncle Billy

Yes AGE guys got it as well. Very poorly done indeed.

i just called HR and ripped into them on my drive home…it DID make me feel better.  for the  mergers i’ve been through (first union, wachovia, wachovia/ prudential, ag edwards, wfc) and of which i’ve stayed put, i have NEVER received an e-mail like this. 

Got the feeling nobody at WB even knew the email was being sent out.  For you out there that are wondering about retention, how can they have spent any time on that when this has probably taken a couple months by itself.  Am curious if 100 people out here care, how many actually think there is any retention coming? 

Got the feeling nobody at WB even knew the email was being sent out.  For you out there that are wondering about retention, how can they have spent any time on that when this has probably taken a couple months by itself.  Am curious if 100 people out here care, how many actually think there is any retention coming? 

Well they fucked the new guys that earned the 25K debit card but good. I guess the firm will hear how it’s somehow a good deal in the AM.

[quote=Gaddock]Well they fucked the new guys that earned the 25K debit card but good. I guess the firm will hear how it’s somehow a good deal in the AM. [/quote]

Did they take it away from you? Did you spend any of it, yet? Sorry dude.

It's gone on the 31st and changing to the type of program an older broker can take X out before taxes. Problem, the allowable amounts and projects make it not very practicle (sarcasm) Example no more that $4 for a promotional item. No more more than $25 expenses per client per year. Rules on "marketing" are what is allowed to be deductible per IRS tax return rules etc. etc. A thousand miles from the "reward" for hard work and good production.