Originally Posted by
Viper446
No one is. But he's kept the company going and making profit through the hard times. Do I love Fred, no. Am I thankful he created FedEx, YES!. If I can retire at 60 or later and still have a pension, I'll be fing rich. And I will have 25 and a high five with at least 20yrs or more of 401K contributions. Some guys are going to walk away with some good cash, other not so much. The pension needs to stay.
You'll be fing rich? I guess it's all relative. If Smith earned just 3% on his $3.8 billion...His return would be $114 million per year.
Now,
that's rich!
Based on what I've observed the last couple of decades...He has definitely lost touch with "his" own PSP philosophy. And, his sole focus is now on enriching himself, his investors and his cronies.
It makes me want to puke when I hear fellow workers still refer to him, as if he was a friend of ours. Those days are long gone. If they ever truly existed.