The Senators and Congressman are not asking for taxpayers' money so it doesn't matter to them. Remember when you are on the begging end you better be humble!
The Senators and Congressman are not asking for taxpayers' money so it doesn't matter to them. Remember when you are on the begging end you better be humble!
They may have the majority now but now enough to override a veto! This is the reason they decided not to forego for a vote on the floor.
That fact that Mullali is asking for a bailout, we know exactly what he brought to the company! Obviously, you are referring to the man in the mirror when you mentioned ignorance!
If anyone here seriously believes you can't pay executives several hundred thousand and get get results you, need to read this:
http://www.forbes.com/forbes/2006/0904/112.html
Now try to justify CEOs making these absurd amounts, especially given that the american auto companies are in such horrible shape.
http://www.forbes.com/forbes/2006/0904/112.html
Now try to justify CEOs making these absurd amounts, especially given that the american auto companies are in such horrible shape.
DrPizza
Administrator Elite Member Goat Whisperer
He already did justify it. See, there's only like 8 guys in the entire country who are good enough to run these companies. So, they have to pay them gigantic salaries in order to attract them. Honda is a cake-walk for the CEO. He doesn't have to do any work. Thus, there's no risk for him making a bad name for himself, thus he doesn't deserve eleventy million dollars & stock options. But, Ford is going to be really tough to turn around, so they have to pay a small fortune in order to attract one of the 8 or so guys who are smart enough to run that company. It's all supply and demand.
haha. At this point I think 1000 monkeys typing emails on 1000 blackberries will run these companies better.
ericlp
Diamond Member
- Dec 24, 2000
- 6,137
- 225
- 106
They fly because they know how unreliable the auto's they make really are. Besides, didn't one of them just get a 15million bonus? If so, I say take it and fire all the CEO's to keep them alive.
Ya know, I voted "D" but I sure am glade "R" is not going to let them have any money like obama wanted to give to them. I hope they die a fast death not the CEO's but the industry.
- Mar 20, 2000
- 102,396
- 8,559
- 126
these guys get paid in the $10,000 per hour range. if they saved two hours between security, airport delays, whatever, they broke even on the flight. and that isn't even including the entourage of vice presidents, secretaries, etc., that these guys probably traveled with. so the auto companies probably came out ahead flying their own planes vs. flying coach. but instead of recognizing that, people are making a big fucking deal out of it.
What if they intended it to look that way?
They are going to congress to ask for money or else they will have to close the doors.
so they show up in the most lavish style possible which they KNOW will not go over well and quite possibly will get them denied the money they are requesting.
Money gets denied....they go bankrupt...and close the doors....what better way to bust a union than shut down?
Then later on down the road they get this miraculous infusion of money and reopen...only this time they don't allow the union to get a foot hold.
They gotta look like they are doing something, but that does not mean they can't torpedo their own attempts so that they can restart building cars without the nags of the union breathing down their necks.
They are going to congress to ask for money or else they will have to close the doors.
so they show up in the most lavish style possible which they KNOW will not go over well and quite possibly will get them denied the money they are requesting.
Money gets denied....they go bankrupt...and close the doors....what better way to bust a union than shut down?
Then later on down the road they get this miraculous infusion of money and reopen...only this time they don't allow the union to get a foot hold.
They gotta look like they are doing something, but that does not mean they can't torpedo their own attempts so that they can restart building cars without the nags of the union breathing down their necks.
Throckmorton
Lifer
- Aug 23, 2007
- 16,829
- 3
- 0
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