As Bank President, Alex Sink eliminated thousands of Florida jobs, while taking over 8 million dollars in salary and bonuses.

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Bank President Alex Sink Reaps Millions in Salary and Bonuses

“In three final years of pay, stock options and deferred compensation, she [Alex Sink] drew $8.8 million.”(Orlando Sentinel, 04/06/03)

According to information released Friday, in 2001, Sink earned $2,842,898 in stock options, deferred compensation and pension, plus $66,402 in dividends…In 2000, besides $3.4 million in stock options and lump-sum pension payments, she collected $75,822 in dividends.” (Associated Press, 9/21/02)

Bank President Alex Sink Eliminates Thousands of Florida Jobs

Adelade "Alex" Sink, the once and future president of NationsBank Corp. in Florida.” (Orlando Sentinel, 06/08/98)

“NationsBank to Cut 6,000 Jobs.” (Orlando Sentinel, 01/01/98)

“NationsBank Corp. plans to eliminate more than 6,000 jobs, most of them in Florida, as it merges with newly acquired Barnett Banks Inc. . .” (Orlando Sentinel, 01/01/98)

“…analysts said massive layoffs would have to follow if NationsBank is to achieve the cost reductions it had projected in its takeover of Florida's biggest vbanking company. (American Banker, 11/17/97)

“. . . Opened as the Bank of Jacksonville in May 1877, Barnett grew, over 120 years, into Florida's largest bank. Then, without any real warning, on Aug. 29, 1997, officials announced that Barnett Banks Inc. had agreed to be purchased by NationsBank Corp…The announcement of the sale was devastating for many of Barnett's employees, including 6,800 in Jacksonville. This was partly because…NationsBank announced it would cut about 4,700 jobs over three years…” (Florida Times Union, 6/9/02)

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As the former bank president ducks and dodges hard questions on the campaign trail, it’s time for some real answers. Alex Sink can’t erase the fact that she eliminated thousands of Florida jobs while she got rich with millions of dollars in salary and bonuses. When Alex Sink talks about economic issues, voters should remember her record – and it isn’t pretty. Help us by sharing this video with 5 friends today.