Let the Good Times Roll: Another Lousy CEO Gets $140 Million for Getting FIRED

[Imran Siddiqui]

But first Sava should be executed... just in principle.

[Sava]

[Kuciwalker]

Originally posted by Kidicious
Ah, but that's the thing. The shareholders are just as greedy and irresponsible as the CEOs.

[Q Classic]

Originally posted by Kidicious


Ah, but that's the thing. The shareholders are just as greedy and irresponsible as the CEOs.

I'll make sure and mention that to those people who lost their retirement funds when they naively invested in funds that bought Enron stock.

[St Leo]

Originally posted by Patroklos
So what exactly is the benefit of being president if they make the exact same wage as the janitor, as you seem to want?

Fallacy of the excluded middle.

[Sava]

Originally posted by Patroklos
So what exactly is the benefit of being president if they make the exact same wage as the janitor, as you seem to want?

omg, you're right, if we don't pay ceo's hundreds of millions of dollars, nobody would want that job

I mean, why run a company when you can clean up ****!

[rah]

The severence package was agreed to as part of the hiring contract. If I was going to be work for Eisner, I'd want guarentees too. The amount was not determined on when he was fired.

[Sava]

stupid ferret!

[Imran Siddiqui]

omg, you're right, if we don't pay ceo's hundreds of millions of dollars, nobody would want that job

For all the work that CEO's do? Hell no, I wouldn't want it without all the money.

[Sava]

so what's wrong with like $200,000 - $500,000

[Imran Siddiqui]

Probably because there are other jobs that pay that amount that have less work involved .

[Ramo]

IIRC, the Costco CEO makes only a few hundred thousand a year.

[General Ludd]

Originally posted by Imran Siddiqui

omg, you're right, if we don't pay ceo's hundreds of millions of dollars, nobody would want that job

For all the work that CEO's do? Hell no, I wouldn't want it without all the money.

There's many people who do alot more for alot less.

[Imran Siddiqui]

Originally posted by Ramo
IIRC, the Costco CEO makes only a few hundred thousand a year.

Isn't he also the founder, though?

[q=General Ludd]There's many people who do alot more for alot less.[/q]

Oh? I'm sure that list is very, very few. Not 'many'. The old fallacy that CEOs don't do any work (skewered by "The Simpsons" in that great episode where Homer becomes CEO of the Nuke Plant). However, while I do sympathize with the guy that works 3 jobs, he also isn't responsible for thousands or millions of jobs and doesn't need anywhere near the training or skills that a CEO would need.

[pchang]

On the other hand...

I personally know quite a few CEOs, and I know that I work just as many hours as many of them for a fraction of the pay. I also have equivalent training and experience and in some cases, I have a better track record of managing companies, projects, and employees.