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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTime Warner Cable CEO Rob Marcus will be compensated $79.9M for 42 days worth of 'work'
Chew on that link for a minute...
http://mobile.nytimes.com/blogs/dealbook/2014/03/20/for-time-warner-cable-executives-billowing-golden-parachutes/?q=ceo%20rob%20marcus%20time%20warner&oq=ceo%20rob%20marcus%20time%20warner&gs_l=mobile-gws-serp.3...2779.5584.0.6051.12.12.0.0.0.0.173.1360.4j8.12.0....0...1c.1.37.mobile-gws-serp..10.2.252.1oPVzaFQBX4
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Time Warner Cable CEO Rob Marcus will be compensated $79.9M for 42 days worth of 'work' (Original Post)
Earth_First
Mar 2014
OP
BeyondGeography
(39,374 posts)1. In fairness
He was hoping for an even $2 million per day.
Why do you hate job creators?
Compensation experts contend that golden parachutes can be in the best interests of shareholders. Without one, a chief executive might not want to sell the company and lose his salary.
Where, in all this, is the customer that is paying for it all? The modern big corporate setup is more like the fiefdoms of old. Only those at the top are entitled. The rest of us are just useful pawns and resources to be exploited.
SomethingFishy
(4,876 posts)3. You know the worst thing about this?
The guy probably thinks he actually earned that money.
redqueen
(115,103 posts)4. K&R
Warren Stupidity
(48,181 posts)5. I've given up hope that the vast sea of ignoramuses that constitute
the American electorate will ever awaken from their tv-drone trance and vote to put these fuckers back in their place. Absent a total collapse of the system, and we came close in 2008, nothing much is going to change. Even worse, given the mindset of these yahoos, the change that would come from a collapse would be much closer to Germany 1930-33 than FDR's New Deal.
jsr
(7,712 posts)6. He earned it because he got lucky and God gave it to him
lpbk2713
(42,757 posts)7. ... as long as he's at home between noon and 2 PM.
City Lights
(25,171 posts)8. That is disgusting. nt