BEST EXAMPLE OF KEEPING IT IN THE FAMILY
What to do when you become a feared banking mogul in the 1990s, only to see Wall Street turn jittery at your slash-and-burn management style come the dawn of the millennium? If you're Jack Grundhofer, CEO of U.S. Bancorp, you lean on your little brother. Last year, with U.S. Bank mired in two lawsuits over the alleged sale of customers' personal data to telemarketing companies and with share prices floundering, the company announced a $160 billion merger with Firstar Corp., run by Jack's brother Jerry. With the deal, Jerry takes over as CEO, while 61-year-old Jack gets a golden parachute extraordinaire: chairmanship of the newly merged corporation for the next four years, followed by retirement pay of $2.9 million per year, plus stock options up the wazoo.
Best Of Search
Best Of Issues - Previous Years
- Best of the Twin Cities 2008
- Best of the Twin Cities: 2007
- Game Theory
- Best of the Twin Cities: 2005
- Best of the Twin Cities: 2004
- Best of the Twin Cities: 2003
- Best of the Twin Cities: 2002
- Best of the Twin Cities: 2000
- Best of the Twin Cities: 1999
- Best of the Twin Cities: 1998
- Best of the Twin Cities: 1997
- Best of the Twin Cities: 1996
Latest Best Of User Comments
-
BEST FRIES (1)
2008-11-03 15:38:20Barbette's used to be good; i would say they peaked in 2004. Since then, they have been going...
-
BEST AM RADIO PERSONALITY (1)
2008-11-01 20:07:22wow i am stumped this gut is just plain not funny and a real dipsh-t if you were to ask...
-
BEST BAND NAME (1)
2008-10-22 19:52:07Shouls have have been Best Band award!
-
BEST PET ADOPTION (1)
2008-10-16 20:06:08Just wanted to let you know of the situation I had with Safe HAnds Rescue. They don't know how...
-
BEST BLUES BAR (1)
2008-09-26 09:30:36LOL, If Simon says go jump off a cliff will you do it? www.privacy.es.tc
Best Of Issues - Other Cities
Best of Minneapolis 2001 Award Graphics
City Pages Insiders
- Local food, music and news blasts
- Free Stuff
Now Click This