"Eric @ opposite-lock.com" (theyrerolling)
09/24/2015 at 23:59 • Filed to: Obvious is obvious
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"Eric @ opposite-lock.com" (theyrerolling)
09/24/2015 at 23:59 • Filed to: Obvious is obvious | 0
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!!! UNKNOWN CONTENT TYPE !!!
When Winterkorn resigned, it wasn't like he was losing a job, he was instead accepting his golden parachute. I'm not surprised in the least.
DrJohannVegas
> Eric @ opposite-lock.com
09/25/2015 at 00:05 |
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Predicting a golden parachute for an outgoing CEO of a major multinational is like predicting Phillies fans throwing bags of piss, or a United flight being delayed.
TheHondaBro
> DrJohannVegas
09/25/2015 at 00:09 |
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Or Raiders fans being thugs.
Supreme Chancellor and Glorious Leader SaveTheIntegras
> DrJohannVegas
09/25/2015 at 00:10 |
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or public transit being late, or the government threatening a shut down, or taxes being raised, etc etc (someone care to add on ?)
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Eric @ opposite-lock.com
> DrJohannVegas
09/25/2015 at 00:34 |
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“I have royally screwed the pooch. Thanks, investors, for that big pile of money as a going-away gift for screwing the pooch.”
Richtofen, Baron von Pickup
> Eric @ opposite-lock.com
09/25/2015 at 02:09 |
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Before anyone says the word “capitalism,” I have another word which more properly fits: oligarchy.
samssun
> Eric @ opposite-lock.com
09/25/2015 at 04:12 |
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Here’s how executive compensation works. Big salary, no severance, bigger future stock vesting: CEO will only focus on keeping his job, taking zero risks and fighting tooth & nail against any merger, acquisition, or reorg that benefits shareholders but threatens his future pay.
Or you offer him a severance package that’s not quite as lucrative as if he keeps adding value, but makes him more or less ambivalent to taking an exit. It makes him less defensive, less focused on politics, and more open to new ventures, buyouts, etc.
facw
> Eric @ opposite-lock.com
09/25/2015 at 08:14 |
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A lot of people are reporting a number of $67M+
https://www.washingtonpost.com/news/on-leader…