What do bank executives who make $19 million a year do in their spare time? The same thing they do in their executive suites. They squeeze America’s middle class.
That’s not, of course, what the flacks at U.S. Bancorp, the nation’s fifth-largest bank, will tell you. They’ll say the CEO of their Minneapolis-based banking giant, Richard Davis, graciously gives up some of his spare time to serve on the board of the nationally renowned Minnesota Orchestra.