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the greatest depression

Wachovia CEO Bob Steel Relinquishes Bonus

Though, we did always like "Sweet Caroline" better than "Jenny From the Block."

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]

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