EVT1
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Post by EVT1 on Feb 22, 2014 15:07:17 GMT -5
From that article: In doing so, the JPMorgan board stated that the award was justified because of JPMorgan’s “sustained long-term performance; gains in market share and customer satisfaction; and the regulatory issues the company has faced and the steps the company has taken to resolve those issues.” The filing states the award was paid “in recognition of his contributions to Google’s performance in fiscal year 2013.” How about that for detail? Now wait a minute- isn't that the JOB of the CEO to increase performance and fix problems? So they get a bonus package for doing what they were hired to do if they actually succeed? Should we give janitors an extra 20K at the end of the year because they were able to keep the place clean? Its a load of shit- want to have that kind of pay structure then risk it all- no base salary or benefits- you win you get paid- you lose you walk away broke- no effing golden parachute because you sucked. And this: Even as Oracle shareholders voted against it, the board still paid the chief executive, Lawrence J. Ellison, $78.4 million in the 2013 fiscal year, despite protest. And yet we refuse to enact binding say on pay by the shareholders (otherwise known as the OWNERS)  |
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grits
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Post by grits on Feb 22, 2014 21:36:52 GMT -5
I'd say it has a lot to do with how they make their money rather than the amounts. One sector actually makes things- and the other gambles in the markets until it makes a mistake then crashes the economy and has to come begging to the taxpayers. I am outraged by all CEO pay when it comes to public companies- it has been way out of control for a long time. What does Google make?
I do indeed believe shareholders should have binding authority over executive compensation. The government doesn't seem to want to give it to us. |
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djAdvocate
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only posting when the mood strikes me.
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Post by djAdvocate on Feb 23, 2014 1:27:34 GMT -5
I'd say it has a lot to do with how they make their money rather than the amounts. One sector actually makes things- and the other gambles in the markets until it makes a mistake then crashes the economy and has to come begging to the taxpayers. I am outraged by all CEO pay when it comes to public companies- it has been way out of control for a long time. What does Google make?
I do indeed believe shareholders should have binding authority over executive compensation. The government doesn't seem to want to give it to us. query: how has the government interfered with your ability to regulate CEO pay? |
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Shooby
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Post by Shooby on Feb 23, 2014 9:53:52 GMT -5
Lazy people want things that they did not EARN. Lazy people want easy street handed to them. Lazy people are jealous of other people's accomplisments and successes. But, instead of doing the work THEMSELVES, they merely try to take, take , take or try to pull the successful and accomplished down.
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djAdvocate
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only posting when the mood strikes me.
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Post by djAdvocate on Feb 23, 2014 11:48:28 GMT -5
Lazy people want things that they did not EARN. Lazy people want easy street handed to them. Lazy people are jealous of other people's accomplisments and successes. But, instead of doing the work THEMSELVES, they merely try to take, take , take or try to pull the successful and accomplished down. i would posit that rich people want things they didn't earn, too. for example, i have never seen one turn down a golden parachute. |
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Shooby
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Post by Shooby on Feb 23, 2014 12:09:29 GMT -5
Good point.
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grits
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Post by grits on Feb 23, 2014 19:58:57 GMT -5
What does Google make?
I do indeed believe shareholders should have binding authority over executive compensation. The government doesn't seem to want to give it to us. query: how has the government interfered with your ability to regulate CEO pay? They send in troops to stop riots.  I knew somebody would ask. 
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grits
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Post by grits on Feb 27, 2014 22:49:16 GMT -5
And yet if jobs were secure and not being outsourced and people were paid a decent wage like years past the number of poor would decrease. It did before it could again, but the absolute greed at the top will not allow it. They grab all the money and then have to fund philanthropic groups to dispense it when people could have just been paid a fair amount to begin with. Why not be fair all along and then people can work and keep their dignity and the rich will still get rich. There will always be some lazy and poor but not like now where many just cannot get ahead, its very expensive to live now, wages, hours, and benefits are declining constantly. American consumers want as much junk as they can buy, and pay as little as they can for it. If they were willing to pay a fair price for goods, you could do it. |
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grits
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Post by grits on Feb 27, 2014 23:00:24 GMT -5
I already see it. I spoke to my congressman's office expressing my opposition to their approval. NAFTA, and the trade agreement with China were both signed by slick willie. The idiots in Congress approved them. My own representative at the time voted for it so that the big timber companies in his district could sale trees to China. He was voted out of office.
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