cornermouse
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Mon Jan-23-06 07:48 PM
Original message |
Crackpot on Newshour just stated that he doesn't know |
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any job outside the auto industry (Ford) where you can be laid off and still get your salary without working...
I do! I do!!!!!
Its called a CEO. It works for them every time and there's no comparison between what they take home and what those line workers will be getting.
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MichiganVote
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Mon Jan-23-06 07:50 PM
Response to Original message |
1. The elite are bleeding the sharholders too. Its all a big shell game. |
cornermouse
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Mon Jan-23-06 07:58 PM
Response to Reply #1 |
6. Can't the shareholders either vote them out or vote out the people |
MichiganVote
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Mon Jan-23-06 08:37 PM
Response to Reply #6 |
10. Shareholders do not vote out CEO's and CEO's and Boards are |
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mutually incestous. Corporations are not democracies.
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boobooday
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Mon Jan-23-06 07:50 PM
Response to Original message |
2. Don't forget that they also get a big bonus |
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Along with their salary when they get fired for doing a crappy job.
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cornermouse
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Mon Jan-23-06 07:57 PM
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5. Sort of like those Ford CEOs who kept pushing large cars |
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because they could make more per car even though their potential customers were clearly going out and buying smaller foreign cars? I guess that means that ignoring your buying public's wishes and trying to force them into buying what you want them to buy didn't work too well? Is that the crappy job you were talking about?
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boobooday
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Mon Jan-23-06 08:05 PM
Response to Reply #5 |
7. Yes, that's a perfect example |
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Cheney would be another.
But I guess it only looked like he did a crappy job until he was able to get in the White House and drive up the stock price by 3000%.
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lindisfarne
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Mon Jan-23-06 07:52 PM
Response to Original message |
3. severance pay is a fairly common things when people get laid off |
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Edited on Mon Jan-23-06 07:53 PM by lindisfarne
in many companies. How could someone that stupid be on the news hour?
(CEOs often get HUGE pensions when they leave, often after very few years of employment in a company. Some choose to take the pension as a cash payment when they leave.)
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cornermouse
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Mon Jan-23-06 07:54 PM
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4. Don't know but there he was. |
Dr.Phool
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Mon Jan-23-06 08:20 PM
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8. I think he's talking about sub-pay |
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It was common in the steel industry, and a few other major manufacturing jobs. Due to economic cycles, employees who wer laid off, not fired were able to collect 90% of their base pay for a period of time until the economy recovered.
It was a good idea for all involved. The employees stayed solvent, and the company retained them for the future, and didn't have to train a new work force.
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bush_is_wacko
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Mon Jan-23-06 08:23 PM
Response to Original message |
9. Golden Parachutes! My hubbies company got fined for 911. Three days later |
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the CEO resigns, gets a HUGE golden Parachute style package. Then the layoffs started rolling in! Guess who DIDN'T get any salary when they got canned?
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DU
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Thu Apr 25th 2024, 07:15 AM
Response to Original message |