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Waste Management Inc WM

Industrials
Waste Management, Inc. is a holding company. The Company is a provider of environmental solutions. The Company, through its subsidiaries, provides collection, recycling and disposal services to millions of residential, commercial, industrial and municipal customers throughout the U.S. and Canada. The Company evaluates its Collection and Disposal businesses primarily through two geographic segments: East Tier and West Tier. Its East Tier primarily consists of geographic areas located in the Eastern U.S., the Great Lakes region and substantially all of Canada. West Tier includes geographic areas located in the Western U.S., including the upper Midwest region, and British Columbia, Canada. It also provides ancillary services. Its Recycling Processing and Sales segment includes the processing and sales of materials collected from residential, commercial and industrial customers. Its WM Renewable Energy segment develops, operates and promotes projects for the beneficial use of landfill gas.


NYSE:WM - Post by User

Waste Management Inc
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Post by Tahoe58on Sep 26, 2008 10:47am
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Post# 15486577

and from .... the NYTimes

and from .... the NYTimesSo the BofD/CEO of the company was not involved, and Mr. Fishman walks with $19.1M in compensation for three weeks on the job? and shareholders are left with wallpaper.

https://www.nytimes.com/2008/09/26/business/26wamu.html?_r=3&hp&o&oref=slogin&oref=slogin

"But the seizure and the deal with JPMorgan came as a shock to Washington Mutual’s board, which was kept completely in the dark: the company’s new chief executive, Alan H. Fishman, was in midair, flying from New York to Seattle at the time the deal was finally brokered, according to people briefed on the situation. Mr. Fishman, who has been on the job for less than three weeks, is eligible for $11.6 million in cash severance and will get to keep his $7.5 million signing bonus, according to an analysis by James F. Reda and Associates."
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