Home Lending Blues...every once in a while I make a good decision

[Dial_tone]

This is the company I accepted a job with 4 years ago, then declined before I started to take the one I have now.

IndyMac to exit most home lending, slash 3,800 jobs

 

[puddlemonkey]

Good call!

 

[billfred]

This is the company I accepted a job with, then declined before I started to take the one I have now.

IndyMac to exit most home lending, slash 3,800 jobs

Yeah but you missed severance. Job losses can be lucrative these days.

 

[Dial_tone]

Yeah but you missed severance. Job losses can be lucrative these days.

They gave one month for every year of employment so that would've only been four months for me. Back in the dotcom heyday I knew a guy that got six months severance after less than 18 months months.

 

[jnevin]

They're dropping like flies. I know so many people that had jobs as wholesale reps making $400/ yr that are unemployed and sol.

 

[EZ_E]

I refinanced people all over the country for the last 3 years, #1 salesman is 2 of the companies I worked for. $10K/month comission.

Chapter 11..

Now I have all day to train & hang out on EF.

And Indy Mac doesn't know their ass from the hole in their heads

 

[ortiz34]

I refinanced people all over the country for the last 3 years, #1 salesman is 2 of the companies I worked for. $10K/month comission

2 foot cawk alert

 

[AAP]

Motorola always gave out :

2 weeks pay for every year work between 1-4 years
6 months pay for years 5-9
9 months pay for years 10-19
1 year pay for 20 years and then 1 month pay for every year you work past 20. Example = 25 years service you get a total of 17 months pay. (12 + 5)


That was severance.

Voluntary buy outs had an undisclosed lump sum up front. The severance package wasn't paid up front but rather you continued to draw your check every two weeks. They still took out taxes and shit.