Wachovia CEO Bob Steel Relinquishes Bonus

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Though, we did always like "Sweet Caroline" better than "Jenny From the Block."
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Yay! Even though he only joined the bank in July and already helped Charlotte-based Wachovia escape the clutches of Citigroup in order to marry its one true love, Wells Fargo, Wack CEO Bob Steel has proudly joined the "we're not taking a bonus this year" team. Meanwhile, the Journal reports, "no decision has been made" on a bonus for his neighbor down south, Bank of America CEO Kenneth Lewis. Red rover, red rover… [WSJ]