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**Imran Siddiqui** · August 10, 2005, 19:00

and what they said about the 90's boom is that things improved for working America despite the rich-getting-richer.

It was part and parcel of the same thing. The rich got richer because they sold more goods. That indicates that people were buying more (and consumption numbers bear that out). The rich get richer when the middle class and poor buy more. This is quite obvious.

the problem is, with the help of Bush's retarded economic policies, the rich continued to get richer during the downturn in 2001 and subsequent jobless recovery

Um... did you see your CEO pay PDF? The fall was like a cliff. The pay has risen since 2002-3, but so has middle class and poor wealth.

but don't let the facts get in your way

I'm not, but on the other hand, you've been factually challenged since the day you were born.

**General Ludd** · August 10, 2005, 19:01

Originally posted by Imran Siddiqui

But the IRS Commissioner doesn't have to do that

I put that comment in there because of your "would youw ant to run a buisness the size of disney!?" remark no executive single handedly runs a buisness, most don't even have much part in, their jobs are mostly organizational and networking oriented.

IBM, Apple, Dell, all are percieved as benefiting society. However, you don't have people that 'believe' in the cause to take a paycut to work at one of those companies.

What where Steve Jobs and Bill Gates doing when they droped out of college to found the buisnesses in the first place?

Where are the people taking the pay cuts then?

Non-profits and small buisness, mainly.

But that's impossible, they didn't go through grad school, or even finish college!

Obviously people who are working 3 jobs haven't demonstrated the skills to be running a Fortune 500 company and they probably won't unless they run a company themselves. DUH!

Just like past college degrees are not a good gauge on the difficult of present work, the fortune 500 is not a good gauge on the difficulty of a job or the amount of skill or training required to do it.

**Imran Siddiqui** · August 10, 2005, 19:08

I put that comment in there because of your "would youw ant to run a buisness the size of disney!?" remark no executive single handedly runs a buisness, most don't even have much part in, their jobs are mostly organizational and networking oriented.

Did anyone say they single handedly run a business? CEOs however, are intimately involved in what a business does beyond mere organization. It's not as if the CEO sets things up and lets the business run like a clockmaker winding his clock!

What where Steve Jobs and Bill Gates doing when they droped out of college to found the buisnesses in the first place?

Trying to find a way to make some money.

Just like past college degrees is not a good gauge on the difficult of present (and unrelated) work, the fortune 500 is not a good gauge on the difficulty of a job or the amount of skill or training required to do it.

Because it is easy to run a Fortune 500 company? Please. You have to have a lot of skill or training to run a Fortune 500 company. You can't just plug in General Ludd and have the same success. And if you are required to have a college degree for your job, then that is a pretty good gauge on how difficult it is (if you ain't the founder of a company, you better have a degree or years and years of experience).

**Sava** · August 10, 2005, 19:09

Imran: well, my advice to you is to read the book, then maybe you can talk about this subject on a higher level with me

I really shouldn't get so frustrated, but it's like trying to talk about computers with someone from the 1800's

**Imran Siddiqui** · August 10, 2005, 19:11

I really shouldn't get so frustrated, but it's like trying to talk about computers with someone from the 1800's

I agree... get into the 21st Century, Sava.

**Kuciwalker** · August 10, 2005, 19:12

Imran, you've been SAVAPWNED.

(i.e. you win)

**Provost Harrison** · August 10, 2005, 19:20

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

Originally posted by Ted Striker
What the hell is wrong with this place when people are getting this kinda crap after getting FIRED? This has become all too common and I'm sure I'll hear all the usual Captialist good soldier/whore crap about market value deciding compensation, blah blah.

I wonder if any workers were laid off during his tenure. Certainly that 140 million could have been put to use in keeping their jobs.

But this is PERVERTED.

I'm gonna see if I can get fired too.

404 Page Not Found - CNNMoney

http://money.cnn.com/2005/08/09/news/fortune500/disney_ovitz.reut/index.htm?cnn=yes

I am amazed at the complete indifference and even silent support of the stupid things these companies do. You know in most lines of work if you **** up the job you lose it, no severence, nothing. Fact is that kind of sum of money would keep a lot of people in work. So why the condescending attitude like "this was 9 years ago". It's still relevant.

And as for the comment about making the same money as the janitor. Where the hell was anything to do with that said?

Sometimes I am sure the right-wingers at this place are just rabid and don't ever question what they hold sacred...

**pchang** · August 10, 2005, 19:21

Re: Re: On the other hand...

Originally posted by Flubber

The how come you are not in their jobs???

I think you need a better executive search type friend.

In many cases, it comes down to who you know and luck. In addition, an inordinate amount of CEOs are over 6 feet tall. For some reason, tall people get looked on as leaders more than shorter people. I am only 5 foot 10 inches tall.

**Kidlicious** · August 10, 2005, 19:42

Originally posted by Imran Siddiqui

I put that comment in there because of your "would youw ant to run a buisness the size of disney!?" remark no executive single handedly runs a buisness, most don't even have much part in, their jobs are mostly organizational and networking oriented.

Did anyone say they single handedly run a business? CEOs however, are intimately involved in what a business does beyond mere organization. It's not as if the CEO sets things up and lets the business run like a clockmaker winding his clock!

You think this is like 100 times more beneficial to society than everyone else does. So what? It's just your opinion.

**Sava** · August 10, 2005, 20:00

Originally posted by Kuciwalker
Imran, you've been SAVAPWNED.

(i.e. you win)

do you even have pubic hair yet?

**General Ludd** · August 10, 2005, 20:03

Originally posted by Imran Siddiqui

Because it is easy to run a Fortune 500 company? Please. You have to have a lot of skill or training to run a Fortune 500 company.

And you need alot of skill or training to do countless other things... the Fortune 500 should never be used as a mesure of how difficult a job is. As I said at the start of this thread, someone can have a job twice as difficult as someone at the top of the fortune 500 while geting paid such a miniscule fraction of the salary that they would qualifiy for the misfortune 500.

**Urban Ranger** · August 10, 2005, 22:08

Originally posted by 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.

Agreed.

Though things like incompetence or malice would constitute breach of contract, no?

**Urban Ranger** · August 10, 2005, 22:15

Originally posted by Imran Siddiqui
Because it is easy to run a Fortune 500 company? Please.

Actually, yes. Most of them have enough bureaucracy that they can run themselves without a couple of "top executives." How else would they go about when they are searching for a CEO?

Originally posted by Imran Siddiqui
You have to have a lot of skill or training to run a Fortune 500 company. You can't just plug in General Ludd and have the same success.

As pchang pointed out, it is who you know that counts. This is why so many people want to send their kinds to expensive prep schools - or better yet, traditional Ivy League universities.

If William Gates III's mother didn't know the Chairman of IBM, you think Big Blue would send a team to look at Microsoft when they were about to launch the PC?

**Imran Siddiqui** · August 10, 2005, 22:48

Originally posted by Urban Ranger
Actually, yes. Most of them have enough bureaucracy that they can run themselves without a couple of "top executives." How else would they go about when they are searching for a CEO?

If the bureaucracy can run itself, why look for a CEO in the first place? Treading water is not something any business wants for any length of time.

As pchang pointed out, it is who you know that counts. This is why so many people want to send their kinds to expensive prep schools - or better yet, traditional Ivy League universities.

It may just be because they offer the best schooling environment perhaps? Prep Schools are better than most public schools. Ivy League schools offer some fo the best education in our entire university system. Sure some of it is who you know, but that aspect is far, far over stated.

**Kidlicious** · August 10, 2005, 22:57

Originally posted by Imran Siddiqui
It may just be because they offer the best schooling environment perhaps?

Announcement

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

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