September
2010

Samuel Molinaro Jr. Samuel Molinaro Jr.'s Vile Quotes

Samuel Molinaro Jr.
Source: Unknown

Samuel L. Molinaro, Jr. is the Chief Financial Officer (since 1996) and Chief Operating Officer (since 2007) of Bear Stearns.

Molinaro was named chief operating officer in August 2007, shortly after two of the bank's highly-leveraged hedge funds imploded due to huge ill-advised bets on subprime mortgages. He has delivered lousy news to investors ever since.

His own losses are estimated at $20.6 million.

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Vile Quotes

"The magic formula that successful businesses have discovered is to treat customers like guests and employees like people."
Tom Petters

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Vile Comments

$60 - $90 billion per year worth of “simple mistakes”?

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