Hot Damn, that is a lot of money

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AnyMal

Lifer
Nov 21, 2001
15,780
0
76
Originally posted by: CrackaLackaZe
Originally posted by: Kalbi
Why would the board reward him for leading the company into the state it is in now?

It's not rewarding, I'm sure they have agreements and clauses that provision their severance packages when they're hired.

Exactly. Executives of this level have severance terms outlined in their contracts. Hence the term the "golden parachute".
 

Kalbi

Banned
Jul 7, 2005
1,725
0
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Originally posted by: AnyMal
Originally posted by: CrackaLackaZe
Originally posted by: Kalbi
Why would the board reward him for leading the company into the state it is in now?

It's not rewarding, I'm sure they have agreements and clauses that provision their severance packages when they're hired.

Exactly. Executives of this level have severance terms outlined in their contracts. Hence the term the "golden parachute".

ah yes, i remember in high school my friend's mom got fired from Mattel and got a $40 million package which included the Bel-Air house on Sunset.
 

sonz70

Banned
Apr 19, 2005
3,693
1
0
Originally posted by: Orsorum
Originally posted by: sonz70
Originally posted by: HardcoreRobot
this is why america is great. that could be anyone of us :) but yeah, lets just be jealous and want to take it away becuase we are not as fortunate

or did not work as hard as he has to get where he is today.

You work hard, don't you? Or is that "get worked hard"?

No, I paid for 2 years of University Tution for Electrical Engineering for 14 days work. I also work 50 hours a week at an IT job, if your too ignorant to say anything productive why bother? or did I insult you and your pathetic work ethic with my "most of us don't work as hard as this person".
 

OulOat

Diamond Member
Aug 8, 2002
5,769
0
0
Originally posted by: sonz70
Originally posted by: Orsorum
Originally posted by: sonz70
Originally posted by: HardcoreRobot
this is why america is great. that could be anyone of us :) but yeah, lets just be jealous and want to take it away becuase we are not as fortunate

or did not work as hard as he has to get where he is today.

You work hard, don't you? Or is that "get worked hard"?

No, I paid for 2 years of University Tution for Electrical Engineering for 14 days work. I also work 50 hours a week at an IT job, if your too ignorant to say anything productive why bother? or did I insult you and your pathetic work ethic with my "most of us don't work as hard as this person".

Having your dick blown is a hard job ;)?