http://bankimplode.com/blog/2008/04/21/national-city-looking-for-a-7-billion-fix/ Wed, 23 Sep 2009 21:43:37 -0400 http://wordpress.org/?v=2.8.1 hourly 1 http://bankimplode.com/blog/2008/04/21/national-city-looking-for-a-7-billion-fix/comment-page-1/#comment-1181 Bank-Implode! » National City Crashing Fri, 25 Jul 2008 02:57:59 +0000 http://bankimplode.com/blog/?p=144#comment-1181 [...] The reality is that the only capitial NCC has is due to the $7acquired by an issue of shares to Corsair Capital at $5 a share, today those share closed at 4.67, under water already, so NCC is unlikely to be able to [...] [...] The reality is that the only capitial NCC has is due to the $7acquired by an issue of shares to Corsair Capital at $5 a share, today those share closed at 4.67, under water already, so NCC is unlikely to be able to [...]

]]> http://bankimplode.com/blog/2008/04/21/national-city-looking-for-a-7-billion-fix/comment-page-1/#comment-675 Bank-Implode! » Frenzy Mon, 28 Apr 2008 01:48:07 +0000 http://bankimplode.com/blog/?p=144#comment-675 [...] National City ($2 billion) [...] [...] National City ($2 billion) [...]

]]> http://bankimplode.com/blog/2008/04/21/national-city-looking-for-a-7-billion-fix/comment-page-1/#comment-543 Jeff Poppen Mon, 21 Apr 2008 22:18:13 +0000 http://bankimplode.com/blog/?p=144#comment-543 The way I see it, Nat City is acting as though it will be around forever judging by its "Customer Retention Center" located in Grandville, MI. I recently witnessed 10 loan officers who are making (each) more than $100K per year smiling and dialing. In fact, if they do not make at least $100k in 12 months they are canned. One guy I know made $22,000 last months and another made $35,000 last month (he owns a Boxster, 911, and a Mercedes and he has only worked there for 13 months)!!! I know a lot of loan officers who are dying to get a job in that retention center because the money is so incredibly fantastic. So it seems as though Nat City is still paying quite well these days, at least in Grandville, MI. The way I see it, Nat City is acting as though it will be around forever judging by its “Customer Retention Center” located in Grandville, MI. I recently witnessed 10 loan officers who are making (each) more than $100K per year smiling and dialing. In fact, if they do not make at least $100k in 12 months they are canned. One guy I know made $22,000 last months and another made $35,000 last month (he owns a Boxster, 911, and a Mercedes and he has only worked there for 13 months)!!! I know a lot of loan officers who are dying to get a job in that retention center because the money is so incredibly fantastic. So it seems as though Nat City is still paying quite well these days, at least in Grandville, MI.

]]> http://bankimplode.com/blog/2008/04/21/national-city-looking-for-a-7-billion-fix/comment-page-1/#comment-538 Bank-Implode! » National City - $200M Mon, 21 Apr 2008 11:04:35 +0000 http://bankimplode.com/blog/?p=144#comment-538 [...] National City Looking For a $7 Billion Fix [...] [...] National City Looking For a $7 Billion Fix [...]

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