Picture:This is Leonard Abess, CEO in the lobby of the bank.
Leonard Abess sold a majority stake in Miami-based City National Bancshares to the Spanish bank Caja Madrid of a 83 percent stake last November for $927 million. The generous Miami banker took $60 million of the proceeds and hand it to his tellers, bookkeepers, clerks, everyone on the payroll (399 workers on the staff abd 72 former employees ) as a one-time bonuses. For longtime employees, the bonus - based on years of service - amounted to tens of thousands of dollars, and in some cases, more than $100,000. Virginia C. Dunn, managing senior vice president said it was better than a lottery because it came from someone's heart.
VIA
This site requires Quick time to play its audio player if need.
----------------------------------------------
"A penny for your thoughts"
----------------------------------------------
"A penny for your thoughts"
You are here: Home > Money > Miami banker gives $60 million of his own to employees
Sunday, March 1, 2009
Miami banker gives $60 million of his own to employees
I'm reading: Miami banker gives $60 million of his own to employeesTweet this! Posted by BigCloud at 5:52 PM
Labels: Astounding, Money | Hotlinks: DiggIt! Del.icio.us
Subscribe to:
Post Comments (Atom)
0 Comments:
Post a Comment