What do these CEO's & Whores Have in Common?

[bueno bob]

Overpaid CEO #3: Brian Roberts of Comcast (CMCSA). He got $40.8 million in total pay last year, including more than $22 million from cashing out options and a $7.4 million bonus. But shareholders have lost more over the past five years than they would have by investing in the broader market, or a collection of cable companies. Comcast responds that the Corporate Library’s summary of Roberts’ pay is “deeply flawed” because it includes $22 million in income for options granted over 10 years that Roberts was forced to cash out last year because they were expiring. Comcast also says the company did well last year, meeting or exceeding guidance on metrics like revenue and free cash flow, factors that helped its stock outperform the S&P 500 by 32 percentage points. The company also says its pay policies do a good job of aligning top management with shareholder interests.

NO

FUCKING

COMMENT!!!

[Big Train]

I don't get the beef with big business. Perhaps you could clarify your gripes for me Nick.

Is it:

1. You feel the CEO's pay should be directly tied to the companies performance as it relates to the overall market (the stock market lose 37%, so the CEO should lose 37%?)

2. You feel what they do they are overcompensated for?

3. You have a problem with people making a lot of money in general?

4. Also, as a question to all, what do you feel an average worker in the company should make in relation to the overall companies profits? How much should the average management guy make above the basic worker?

[Nickdfresh]

I don't get the beef with big business.

You wouldn't...

Perhaps you could clarify your gripes for me Nick.

Is it:

1. You feel the CEO's pay should be directly tied to the companies performance as it relates to the overall market (the stock market lose 37%, so the CEO should lose 37%?)

No, I think everyone should receive bonuses for being incompetent. For instance, I wish MLB batters would only receive bonuses if they batted below .200. That's would be awesome!! And incompetent employees? Let's give 'em raises. Teachers that can't teach? Cops that sleep on the job and never make arrests?

Let's apply this awesome standard of fail equally. After all, it would be a drop in the bucket compared to multimillion dollar bonuses...

2. You feel what they do they are overcompensated for?

Who said they were overcompensated? They exceeded they're fail bonuses!!

3. You have a problem with people making a lot of money in general?

Why? Did I somehow indicate this?

4. Also, as a question to all, what do you feel an average worker in the company should make in relation to the overall companies profits? How much should the average management guy make above the basic worker?

They should make salaries commensurate with what CEOs of European and Asian companies make. Euro CEOs typically earn less than American ones, but still well into the millions, although I think Japanese ones are possibly underpaid...

[Big Train]

You wouldn't...

I'm not a communist, I don't mind when people do well...

No, I think everyone should receive bonuses for being incompetent. For instance, I wish MLB batters would only receive bonuses if they batted below .200. That's would be awesome!! And incompetent employees? Let's give 'em raises. Teachers that can't teach? Cops that sleep on the job and never make arrests?

The "bonus" part of the equation I get and agree with. Bonuses show have to do with stock price only. A good lawyer can work wonders in contract negotiations for a CEO. However, you analogy is flawed. Their "performance" metrics can't be defined by the overall stock market. If the whole stock market goes down, it takes down good companies as well as bad ones. The metrics he may have agreed to for those bonus numbers most likely have to do with achieving performance and/or productivity targets. I wouldn't expect you to get that distinction though...


Who said they were overcompensated? They exceeded they're fail bonuses!!

ummm, ok..


Why? Did I somehow indicate this?

Was just throwing it out there, since your posting these "who needs those bums" threads about CEO's. Just asking sunshine...

They should make salaries commensurate with what CEOs of European and Asian companies make. Euro CEOs typically earn less than American ones, but still well into the millions, although I think Japanese ones are possibly underpaid...

OK, then what are the parameters? A certain % of earnings, not to exceed? What about the average worker and the average lower management?

[lesfunk]

I personally hope to receive monies for incompetence . It's the only way I'll get paid

[Nickdfresh]

OK, then what are the parameters? A certain % of earnings, not to exceed? What about the average worker and the average lower management?

I dunno. How about publicity so bad, these fuckers will be embarrassed to piss away massive salaries, performance bonuses (for sucking ass apparently), and stock options on crap CEOs, who rely on bloated support staffers, companies delude themselves into believing have much in the way in real talent or special skills at all...

[Nitro Express]

Overpaid CEO #3: Brian Roberts of Comcast (CMCSA). He got $40.8 million in total pay last year, including more than $22 million from cashing out options and a $7.4 million bonus. But shareholders have lost more over the past five years than they would have by investing in the broader market, or a collection of cable companies. Comcast responds that the Corporate Library’s summary of Roberts’ pay is “deeply flawed” because it includes $22 million in income for options granted over 10 years that Roberts was forced to cash out last year because they were expiring. Comcast also says the company did well last year, meeting or exceeding guidance on metrics like revenue and free cash flow, factors that helped its stock outperform the S&P 500 by 32 percentage points. The company also says its pay policies do a good job of aligning top management with shareholder interests.

NO

FUCKING

COMMENT!!!

It's called corporate raiding. Run it into the ground and cash out while doing it.

[Big Train]

I dunno. How about publicity so bad, these fuckers will be embarrassed to piss away massive salaries, performance bonuses (for sucking ass apparently), and stock options on crap CEOs, who rely on bloated support staffers, companies delude themselves into believing have much in the way in real talent or special skills at all...

I'll just call that rambling a non-response.

[Nickdfresh]

I'll just call that rambling a non-response.

And I'll call your posts leading questions of defensive cliche, perfunctory and simpleton bullshit...

[bueno bob]

It's called corporate raiding. Run it into the ground and cash out while doing it.

Of course, his employees this year are going to be struggling to keep PGE turned on in their house, but uh...let's just say I'm pretty sure he thanked them all for their hard work when they heard the news that they weren't getting their end of year bonuses.

Well, at least the ones who weren't outsourced, anyway.

I did not say this...I was not here...

[Big Train]

And I'll call your posts leading questions of defensive cliche, perfunctory and simpleton bullshit...

Simpleton bullshit is when you can't respond to a question directly, you respond with stock defensive cliche, perfunctory bullshit about "the man"..as you demonstrated nicely above.

[Nickdfresh]

Simpleton bullshit is when you can't respond to a question directly, you respond with stock defensive cliche, perfunctory bullshit about "the man"..as you demonstrated nicely above.

Oh contraire! The simpleton bullshit is you asking leading questions (based on statements I've never made) in order to achieve some sort of canned result. BTW, you never answer any questions asked, so, go fuck yourself.

So. Should CEOs get paid enormous sums of money to fail, fuck over the values of their companies stocks?

Do you pay your babysitter on the amount of fires your children set at your house when you take the wife out for the old weekend dinner at Swiss Chalet?

[Blackflag]

Is this the new one, instead of 'strawman?' The 'leading question?'

Nothing he asked you was a leading question. Nor did you answer any of his questions.

You at least used to make sense. Now you're just rambling.

[Nickdfresh]

Is this the new one, instead of 'strawman?' The 'leading question?'

No. But is the "new one" instead of endlessly questioning the role of the gov't in society to becoming a corporate suck-dick under some pseudo-libertarian ideology bullshit?

Nothing he asked you was a leading question.

Right asshole. Please provide specific examples...

Nor did you answer any of his questions.

Actually I did, you and Big Drain just didn't like them....

You at least used to make sense. Now you're just rambling.

Well, you never made much sense. But I always figured you were the mindless bitch corporatist suck-dick of the oligarchy pretending to be some badass libertarian, right wing hippy rebel.

[Blackflag]

Thanks for proving my point.

Strawman! Leading question!

Use some more words inappropriately for us.