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CEO's and Bonuses

Old 03-17-2010 | 08:30 AM
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I am not surprised my boss is doing the same thing as we speak
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Old 03-17-2010 | 08:50 AM
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Originally Posted by FL410
To add to it. Alaska CEO: just shy of $4.3 million with 198 furlougheed between AS/QX. Also they just cut 14 marketing jobs and are trying to push a "lean" workforce. AKA: doing the most with the least.
Heck, so long as he can turn a profit, that's what the shareholders are actually paying him to do. That's plenty sad in itself, but getting big bonuses while losing a company ridiculous sums of money means you aren't even serving the shareholders, just your own bank account.
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Old 03-17-2010 | 10:26 AM
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Originally Posted by Rider850
Your forgetting you need to "sell your sole to the devil" and if your willing to do that,then you are qualified for the position.
The devil needs shoes?
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Old 03-17-2010 | 10:33 AM
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In the AS example:

If you're taking upwards of $4 million in compensation, then you and your expertise as a manager had better add $4 million plus of value to the company. Define that however you want to. All I see is a carrier that:

a)instituted the same fees and jumped on the bandwagon of surcharges with the competition (i.e. checked bags)

b)demands labor concessions/furloughs, even as the company is profitable

If this brilliant and innovative (sarcasm) strategy is worth $4 million to you, then fine, it's justified.

Last edited by LostInPA; 03-17-2010 at 10:34 AM. Reason: addition
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Old 03-17-2010 | 10:57 AM
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Originally Posted by sinsilvia666
need to bring back the days of angry mobs
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Old 03-17-2010 | 05:14 PM
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What? No pitchforks?
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Old 03-17-2010 | 06:05 PM
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Where's Hoffa when you need him?
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Old 03-18-2010 | 06:11 AM
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Plutonomy What Does It Mean?
What Does Plutonomy Mean?
Economic growth that is powered and consumed by the wealthiest upper class of society. Plutonomy refers to a society where the majority of the wealth is controlled by an ever-shrinking minority; as such, the economic growth of that society becomes dependent on the fortunes of that same wealthy minority.
Investopedia Says
Investopedia explains Plutonomy
This buzz word was initially coined by analysts at Citigroup in 2005 to describe the incredible growth of the U.S. economy during that period despite increasing interest rates, commodity prices and an inflated national debt. Citigroup analysts argued that as such an economy continues to grow in the face of contradictory elements, the more important the society's ultra rich become to maintaining such growth. The analysts also believed that in addition to the U.S., Canada, Great Britain and China are also becoming plutonomies.

http://www.investopedia.com/terms/p/plutonomy.asp
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Old 03-18-2010 | 06:31 PM
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Originally Posted by higney85
Where's Hoffa when you need him?
Here he is.
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