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Old 09-10-2010, 05:11 PM
 
Location: Raleigh, NC
20,054 posts, read 18,293,964 times
Reputation: 3826

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Quote:
Originally Posted by delusianne View Post
Great point! I'd forgotten that.

Yeah, what the hell do they want?
For a CEO to make as much as he wants without the US government being the primary owner of the organization?

Right now it's corporate fascism WIN!
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Old 09-10-2010, 05:20 PM
 
Location: SARASOTA, FLORIDA
11,486 posts, read 15,316,883 times
Reputation: 4894
Quote:
Originally Posted by africanboy View Post
I'm pretty sure President Obama was not the payroll officer responsible for his payment package. Blaming him for all the world's problems is getting really really old....

Wake up, some here give him total credit for GM's turnaround and his handling of the entire GM business.

Now we find this out and you go the opposite way?

Believe me, Obama has his dirty hands on everything.

You can thank Obama for letting GM build a new 800 billion dollar plant in MEXICO.

On my tax dollar.

Obama blames Bush for everything and cannot prove any of it, we have proof of the fingerprints of Obama all over this mess we are in.

2012 cannot come soon enough to get the criminal out of my WH before he trashes the place beyond repair.
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Old 09-10-2010, 05:24 PM
 
Location: West Michigan
12,372 posts, read 9,319,393 times
Reputation: 7364
All CEO's get paid too much in my opinion but the new head of GM has a long way to go to catch up with people like Mark Hurd, from Hewlett-Parkard, who gets 17.6 million in cash and 6.6 million in stock options. Still, Mark only comes in at 4th place of the highest paid CEO's in the U.S.

20 highest paid CEOs - Mark Hurd: $24.2 million (4) - CNNMoney.com
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Old 09-10-2010, 05:33 PM
 
Location: Raleigh, NC
20,054 posts, read 18,293,964 times
Reputation: 3826
Quote:
Originally Posted by Wayland Woman View Post
All CEO's get paid too much in my opinion but the new head of GM has a long way to go to catch up with people like Mark Hurd, from Hewlett-Parkard, who gets 17.6 million in cash and 6.6 million in stock options. Still, Mark only comes in at 4th place of the highest paid CEO's in the U.S.

20 highest paid CEOs - Mark Hurd: $24.2 million (4) - CNNMoney.com
Maybe it's because the HP chair doesn't get endless government money and has to actually show quarter to quarter numbers instead of parroting his union to remind people that the world would've collapsed if they would've gone out of business?
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Old 09-10-2010, 06:41 PM
 
35,016 posts, read 39,172,024 times
Reputation: 6195
Quote:
Originally Posted by summers73 View Post
Maybe it's because the HP chair doesn't get endless government money and has to actually show quarter to quarter numbers instead of parroting his union to remind people that the world would've collapsed if they would've gone out of business?
What?

I wouldnt call the GM CEO's compensation "endless money" as far as CEO compensations go, by a very long shot. Also, they probably didn't note it at Fox so I guess you can be forgiven for not knowing, but the last two quarters GM had profits in the billions.
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Old 09-10-2010, 06:43 PM
 
Location: California
37,143 posts, read 42,240,055 times
Reputation: 35023
Yea, I pretty much assume anyone who blames Obama for stuff like this is an idiot.
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Old 09-10-2010, 07:26 PM
 
48,502 posts, read 96,894,387 times
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IOf you look hard enough you can find the CVEO's of the government Fannie anfd Freddie salaries still;huge. Funy thing was congress set it upo so the more business they did the more in bonuses they gopt. They of course ran it into the ground and congres bailed them out and continues to do so. They even refsued to audit when it was brought upo in congress with barney Frank saying if they got in trouble 'we can always bail them out.
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Old 09-10-2010, 08:25 PM
 
Location: SARASOTA, FLORIDA
11,486 posts, read 15,316,883 times
Reputation: 4894
I thought Nancy and Harry PROMISED they were going to watch those bad CEO's like a hawk?

Guess they lied.
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Old 09-10-2010, 08:27 PM
 
35,016 posts, read 39,172,024 times
Reputation: 6195
Quote:
Originally Posted by Sunny-Days90 View Post
I thought Nancy and Harry PROMISED they were going to watch those bad CEO's like a hawk?

Guess they lied.
Do you think this is excessive compensation, for a multinational CEO? Four-fifths of it is stock options.

Last edited by delusianne; 09-10-2010 at 08:36 PM.. Reason: added adj
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Old 09-10-2010, 08:39 PM
 
7,947 posts, read 9,164,633 times
Reputation: 9374
Quote:
Originally Posted by delusianne View Post
You'd rather CEO salaries be in more equitable proportion to workers' salaries?



GM made nice profits in the last couple of quarters and as you (or some of you) know, went public last month I think.
No. GM has filed papers to prepare for an IPO, but has not gone on sale to the public yet.

General Motors Is Going Public | Autopia | Wired.com
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