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12 November 2008

What went wrong with The South Financial Group CEO Mack Whittle's $18 million retirement package?

The South Financial Group, largest publicly-traded bank holding company governor Mark Sanford is calling for an investigation into the timing of South Financial Group CEO Mack Whittle’s $18 million retirement package. Sanford contacted Treasury s...

29 October 2008

Reason behind Mack l. Whittle, Jr. sudden departure as CEO South Financial Group!

The unexpectedly sudden departure of Chairman, President and CEO Mack Whittle comes just days after the bank announced it plans to apply for a federal investment through the Troubled Asset Relief Program, or TARP, which contains provisions that void ex...

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