If you are between jobs...that means you don't really NEED the next job

[Khephra]

If you're unemployed then you're looking for whatever's up.


Reason for the post?

This morning I was watching CSPAN's Washington Journal, and the guy on it was an ex-CEO for a company and he called himself "between jobs" while still getting tons of extra-goodies. He was still getting paid as well as he was...he's just not able to say he's the CEO anymore.

[brokensymmetry]

1. Sounds like Marie Antoinette, doesn't it?

I suspect that the CEO's of today are separated from the common folk by a greater gap than was between the French aristocracy and the peasants.

That turned out rather badly. Of course, history never repeats itself...

[DarkPhenyx]

2. Dovetails nicely with watching the NFL draft yesterday.

Somehow I still don't see how sports stars, CEO's, and a host of other highly paid people, earn the outrageous salaries they are paid, adn all the perks and bennies, while the rest of us just get pissed on by those same CEO's.

[solinvictus]

3. CEO's

A few years back, the ex-CEO of my company led a series of acquisitions and mergers. In the process, they absorbed some bad business liabilities and our stock prices plummeted over the next couple of years. He was fired, received a payout totalling over $15 million, sued stating it wasn't enough, and then received more as a settlement. I stick by my open offer to run the company into the ground for less than half of any current CEO's total compensation package. This entire justification of "rewarding performance" is bunk considering CEO's are essentially an old boy network based on cronyism and not ability.

[papau]

4. I thought our serverance packages said we couldn't say that?

"an old boy network based on cronyism and not ability" would mean Bush was not managing general partner of the Texas Rangers baseball team based on merit or ownership percentage. http://www.whitehouse.gov/president/gwbbio.html
http://www.consortiumnews.com/2000/081500a3.html

But then George Bush wasn't a cheerleader at Yale -He was head cheerleader.

But those without merit do good works at times - we can't forget 1972 when GWB did ‘volunteer’ work for Project P.U.L.L. in inner city Houston working with under privileged African-American teens. While the year he spent working there has been described by both the media and several classmates from Yale as being very uncharacteristic of the young GWB, he did do the compassionate deed (we will ignore the J.H. Hatfield book called ‘The Fortunate Son’ that alleges this deed was done because of an arrest for possession of cocaine which was not processed through the courts due to his powerful father’s influence - we will just leave it as a "good" Bush did that our media does not want to talk about.)