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To: verity
Loyalties are to the investors.

Photobucket

Like the CEO of United Health who tried to award himself $1 billion in stock options?

Like the ousted head of the Wall Street firm who wrote off $8 billion due to subprime-backed securities, who got to walk off with a bonus of $160 million (more than most surgeons will make in their lifetime of productive service?

I'd get fired for costing my company $50,000...

Cheers!

...oh, and Merry Christmas.

46 posted on 12/23/2007 10:15:32 AM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: grey_whiskers

Thanks for sharing your photo. Perhaps you should shave next time.


64 posted on 12/23/2007 11:46:14 AM PST by verity ("Lord, what fools these mortals be!")
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To: grey_whiskers
Like the CEO of United Health who tried to award himself $1 billion in stock options?

Like the ousted head of the Wall Street firm who wrote off $8 billion due to subprime-backed securities, who got to walk off with a bonus of $160 million (more than most surgeons will make in their lifetime of productive service?

And don't forget the wonderful examples of corporate genius like Carly Fiorina, who practically drove H-P into the ground and was given, what, something like $20-$30 million as a reward?

American business today, in many ways, is just plain stupid. There is no other way to describe this madness. Failure at the CEO level is rewarded with payouts that most working stiffs won't see a thousandth of in their entire lifetimes. Meanwhile, loyalty, hard work, productivity, and honestly at the non-corporate officer level is punished by layoffs and outsourcing. It is truly a world gone mad.

I'd get fired for costing my company $50,000...

Heck, most people will get the gate for a lot less. Most get the gate for doing nothing more than their jobs, which happen to pay more than Sanjeeb Boobaleeboo in Bangalore.

108 posted on 12/24/2007 9:29:16 AM PST by chimera
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