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Old 02-04-2009, 07:21 PM   #51
GatorB
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Quote:
Originally Posted by joshgirls View Post
great idea. cut the pay of the leaders you need to restore the business. Meanwhile the people that destroyed the business already got paid & are gone.
are you retarded? that's like someone bitching about the free government cheese they got because it wasn't brie. Sorry if YOU want to give these guys more of YOUR money go write them a check. They've already got enough of mine. These companies rather lay off 1000 workers making 30,000 a year than cut some guys pay from 50 million to 20 million which is the same amount. And let's face facts the higher up in managment you are the dumber you are. That's why they are in mangement. If they could do actual REAL work they'd be doing it. They put them in mangement to lessen the damage.
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Old 02-04-2009, 08:59 PM   #52
Overload
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oh well, nice move but ... we all know companies have "golden parachute" programs, dont we? anyways, it s a good idea ...
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Old 02-04-2009, 09:05 PM   #53
tony286
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Originally Posted by doridori View Post
bad move by obama, but not surprised. obama is the introduction of socialism in america. this is not the time for protectionism.

also there is going to be a lot of different opinions on this. not gonna bother opening this one up.
they took tax money,its not like he is telling apple or google what to pay their team.these people wouldnt have job if they didnt get the government bailout.
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Old 02-04-2009, 09:08 PM   #54
Ozarkz
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They shouldn't cap the wages. They should fire anyone that is worthless and hire people who have a proven track record with recent accomplishments.

and they aren't going to work for free.
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Old 02-05-2009, 04:32 AM   #55
StuartD
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they took tax money,its not like he is telling apple or google what to pay their team.these people wouldnt have job if they didnt get the government bailout.
That's the thing right there, isn't it... without the bailout, they'd be making $0 and have to go find work elsewhere anyway.

They failed, they should be happy they are making anything at all.
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Old 02-05-2009, 07:05 AM   #56
SpeakEasy
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Originally Posted by sperbonzo View Post
Well.... the companies took the bailout. Welcome to socialism.

Those execs that are worth more will simply go elsewhere to a company that will pay them what they are worth.


.

"What they are worth" are you for real ??? These asshats put these companies into bankruptcyy, !!!! My fucken dog could do that for free. These so called executives are failures in business and should be nothing more that McDanalds employees.
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Old 02-05-2009, 07:24 AM   #57
C_U_Next_Tuesday
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Originally Posted by IllTestYourGirls View Post
question. Does this include FUTURE ceos? Or just the ones that ran the companies into the ground? And if it does include future ceos how do they expect to get anyone competent at 500k a year?
There will always be someone willing to do the job cheaper.. doesnt mean they are less competent. The previous CEO's proved incompetent at their ridiculous salaries and lavish spending.

Who the fuck balks at 500K? Sorry, but they could still live the lavish life on half of that.
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