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| Grumpy Old Pharts Board Gerritol, Ex-Lax, Immodium, Bad Breath - all requirements for the Grumpy Board |
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10-07-2008, 02:40 PM
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#1
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Super Moderator
Join Date: Sep 2003
Location: Georgetown MA
Posts: 18,223
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The problem isn't that they got big bonuses when Times were good....the problem is they were still handing them out while they were filing for bankruptcy and asking the taxpayers to come bail them out....you don't see a problem with that.
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"If you're arguing with an idiot, make sure he isn't doing the same thing."
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10-07-2008, 04:42 PM
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#2
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Registered Grandpa
Join Date: Nov 2003
Location: east coast
Posts: 8,592
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Quote:
Originally Posted by The Dad Fisherman
The problem isn't that they got big bonuses when Times were good....the problem is they were still handing them out while they were filing for bankruptcy and asking the taxpayers to come bail them out..
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Absolutely. It was an intentional rip off imho, and at the very least the monies should be returned to the employees who walked away with nothing. |
" Choose Life "
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10-07-2008, 04:48 PM
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#3
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Registered User
Join Date: Feb 2003
Location: Hyde Park, MA
Posts: 4,152
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So here's how it all boils down:
The exec's get a "golden parachute"
and everyone else gets a "golden shower".
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10-07-2008, 04:52 PM
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#4
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,500
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I'd like a crystal ball that would tell me how many CEO's have stood on the public stage and misrepresented the position of their company to keep shareholders at bay while they cash out.
Even if they are never prosecuted for a crime, it's still unethical (at least in the sense of Plato's noble lie) and most if not mostly all are guilty at some time...you betch 'ya (wink).
-spence
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10-07-2008, 04:57 PM
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#5
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Great White Scup Hunter
Join Date: Nov 2006
Location: In the Corner...
Posts: 2,251
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Quote:
Originally Posted by spence
I'd like a crystal ball that would tell me how many CEO's have stood on the public stage and misrepresented the position of their company to keep shareholders at bay while they cash out.
Even if they are never prosecuted for a crime, it's still unethical (at least in the sense of Plato's noble lie) and most if not mostly all are guilty at some time...you betch 'ya (wink).
-spence
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10-07-2008, 05:36 PM
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#6
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Old Guy
Join Date: Oct 2004
Location: Mansfield, MA
Posts: 8,760
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Quote:
Originally Posted by spence
I'd like a crystal ball that would tell me how many CEO's have stood on the public stage and misrepresented the position of their company to keep shareholders at bay while they cash out.
Even if they are never prosecuted for a crime, it's still unethical (at least in the sense of Plato's noble lie) and most if not mostly all are guilty at some time...you betch 'ya (wink).
-spence
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That's why they get the big bucks!!! |
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