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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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OT - overpaid CEOs
http://moneycentral.msn.com/content/...0.asp?GT1=6820
[ The 5 most outrageously overpaid CEOs Here’s the pantheon of execs whose paychecks soar while their companies suffer. ] |
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Cliff wrote:
http://moneycentral.msn.com/content/...0.asp?GT1=6820 [ The 5 most outrageously overpaid CEOs Here’s the pantheon of execs whose paychecks soar while their companies suffer. Good list, can't disagree. Now how about finding us a list of the 5 most over-paid civil servants? |
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"Jim Stewart" wrote in message ... Cliff wrote: http://moneycentral.msn.com/content/...0.asp?GT1=6820 [ The 5 most outrageously overpaid CEOs Here’s the pantheon of execs whose paychecks soar while their companies suffer. Good list, can't disagree. Now how about finding us a list of the 5 most over-paid civil servants? How about 5 that aren't. -- John R. Carroll Machining Solution Software, Inc. Los Angeles San Francisco www.machiningsolution.com |
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On Sat, 27 Aug 2005 22:20:57 GMT, "John R. Carroll"
wrote: "Jim Stewart" wrote in message ... Cliff wrote: http://moneycentral.msn.com/content/...0.asp?GT1=6820 [ The 5 most outrageously overpaid CEOs Here’s the pantheon of execs whose paychecks soar while their companies suffer. Good list, can't disagree. Now how about finding us a list of the 5 most over-paid civil servants? How about 5 that aren't. Me. Sue |
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"Sue" wrote in message ... On Sat, 27 Aug 2005 22:20:57 GMT, "John R. Carroll" wrote: "Jim Stewart" wrote in message ... Cliff wrote: http://moneycentral.msn.com/content/...0.asp?GT1=6820 [ The 5 most outrageously overpaid CEOs Here's the pantheon of execs whose paychecks soar while their companies suffer. Good list, can't disagree. Now how about finding us a list of the 5 most over-paid civil servants? How about 5 that aren't. Me. Sue Let me rephrase it then. 5 that are well paid - let's set the bar at GS 15+ and see if you are in that group- , what they do and why they are a bargain at that pay grade. My question/comment was poorly worded. You thought I meant low wage and I didn't. -- John R. Carroll Machining Solution Software, Inc. Los Angeles San Francisco www.machiningsolution.com |
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On Sat, 27 Aug 2005 22:48:26 GMT, "John R. Carroll"
wrote: "Sue" wrote in message .. . On Sat, 27 Aug 2005 22:20:57 GMT, "John R. Carroll" wrote: "Jim Stewart" wrote in message ... Cliff wrote: http://moneycentral.msn.com/content/...0.asp?GT1=6820 [ The 5 most outrageously overpaid CEOs Here's the pantheon of execs whose paychecks soar while their companies suffer. Good list, can't disagree. Now how about finding us a list of the 5 most over-paid civil servants? How about 5 that aren't. Me. Sue Let me rephrase it then. 5 that are well paid - let's set the bar at GS 15+ and see if you are in that group- , what they do and why they are a bargain at that pay grade. I'm not federal so there's no GS anything. After 18 years at my job I made really close to $40,000 last year, but that was with lots of OT. My question/comment was poorly worded. You thought I meant low wage and I didn't. I thought you meant a list of 5 civil servants who *aren't* overpaid implying that they all are. I'm neither over nor under paid IMHO. Sue |
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Jim Stewart wrote:
Cliff wrote: http://moneycentral.msn.com/content/...0.asp?GT1=6820 [ The 5 most outrageously overpaid CEOs Here’s the pantheon of execs whose paychecks soar while their companies suffer. Good list, can't disagree. Now how about finding us a list of the 5 most over-paid civil servants? Here's a start: Mark A. Emmert of the University of Washington is the highest-paid public university president, earning $762,000 this academic year. Carl V. Patton of Georgia State, who receives $722,350, and Mary Sue Coleman of the University of Michigan, who receives $677,500, rank second and third. |
#8
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No wonder tuition is so high
"Jim Stewart" wrote in message ... Jim Stewart wrote: Cliff wrote: http://moneycentral.msn.com/content/...0.asp?GT1=6820 [ The 5 most outrageously overpaid CEOs Here’s the pantheon of execs whose paychecks soar while their companies suffer. Good list, can't disagree. Now how about finding us a list of the 5 most over-paid civil servants? Here's a start: Mark A. Emmert of the University of Washington is the highest-paid public university president, earning $762,000 this academic year. Carl V. Patton of Georgia State, who receives $722,350, and Mary Sue Coleman of the University of Michigan, who receives $677,500, rank second and third. |
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Kevin wrote:
No wonder tuition is so high "Jim Stewart" wrote in message ... Jim Stewart wrote: Cliff wrote: http://moneycentral.msn.com/content/...0.asp?GT1=6820 [ The 5 most outrageously overpaid CEOs Here’s the pantheon of execs whose paychecks soar while their companies suffer. Good list, can't disagree. Now how about finding us a list of the 5 most over-paid civil servants? Here's a start: Mark A. Emmert of the University of Washington is the highest-paid public university president, earning $762,000 this academic year. Carl V. Patton of Georgia State, who receives $722,350, and Mary Sue Coleman of the University of Michigan, who receives $677,500, rank second and third. They are definately NOT worth it. |
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Are they the highest paid individual at the school? What does the football
team coach make? Don't tell me the president is overpaid. Try the job for once. Oh, and to get it, you have to start with a prestigious PhD. and then struggle for tenure, prior to getting into management. They work. "Jim Stewart" wrote in message ... Jim Stewart wrote: Cliff wrote: http://moneycentral.msn.com/content/...0.asp?GT1=6820 [ The 5 most outrageously overpaid CEOs Here’s the pantheon of execs whose paychecks soar while their companies suffer. Good list, can't disagree. Now how about finding us a list of the 5 most over-paid civil servants? Here's a start: Mark A. Emmert of the University of Washington is the highest-paid public university president, earning $762,000 this academic year. Carl V. Patton of Georgia State, who receives $722,350, and Mary Sue Coleman of the University of Michigan, who receives $677,500, rank second and third. |
#11
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Jim Stewart wrote:
Cliff wrote: http://moneycentral.msn.com/content/...0.asp?GT1=6820 [ The 5 most outrageously overpaid CEOs Here’s the pantheon of execs whose paychecks soar while their companies suffer. Good list, can't disagree. Now how about finding us a list of the 5 most over-paid civil servants? These are examples of how the laws allow a conspiracy to plunder the company. Lets face it, a good, competant MBA could manage these companies MUCH better and would probably feel overpaid at $250,000. These idiots plunder the stockholders at a 40 M$ pay, and then screw the company over. Criminal. Gut 'em and hang 'em with their own guts from lamp posts on Wall Street. |
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"Stuart Grey" wrote in message
... SNIP| | These are examples of how the laws allow a conspiracy to plunder the | company. | | Lets face it, a good, competant MBA could manage these companies MUCH | better and would probably feel overpaid at $250,000. I would love dearly to have a job like that.... yeah right. My wife thinks so too, until I explain that it ain't no 9 to 5 job, and she'd rarely see me. All it takes is _one_ executive to **** up, even in a very small way, to cost thousands their jobs. My employer, Boeing, hired a woman right after she gave the company some preferential treatment. That's one mistake. They also hired her daughter and the daughter's boyfriend. The daughter started the ball rolling. Said her mom wanted to work for Boeing because she really "likes the integrity" of the company. I and many of my coworkers had spent massive amounts of time helping to design and build that plane, and were almost done with the first one (paid for out of the company's pocket, to boot!) when that **** hit the fan. One sonuvabitch is all it took. Phil Condit, an engineer who worked his way up to the top, got caught banging his secretary (his predecessor had his pants down so often that a large Seattle hotel remodeled a monster suite just for him and his rotating lays) and that was enough, especially after we all just got done signing ethics pledges. We all watched him sign it, too, on video, and that was done for folks who think rules don't apply to the top. It was bad what he did, but I'm glad he stepped down rather than **** up any more on the company's behalf. I give him credit for that, although banging his secretary isn't usually a firing offense in my book unless it affected his ability to do his job. On the other hand, janitors, if they **** up, nobody dies or loses their jobs other than their own, at worst. I've seen gobs and gobs of "competent" MBA's come through, starting out as managing a crew building the airplane. Couldn't tell their ass from a hole in the ground. One out of a dozen was worth a ****. One. Last I heard he was a director after a few years. Smart guys move up quick. I was glad to know him. Many companies, when big sales are on the line, send out the CEO to do business, and big clients like knowing that the very top is part of it. Personal guarantee. I can easily imagine that one odd look will be enough to blow a billion dollar sale. If he makes a deal that keeps the lines humming for many more years, I don't have a problem paying him a great wage. On the other hand, the CEO of a company had better not think of it as "his" company, 'cuz I'll be in front of the line to kick his ass out. I look at it this way: Pay equals performance equals pay. Anyone who's worked in assorted jobs understands the value of good management and leadership, and the critical nature of their skills as it relates to the health of the company and its employees. You can also look at it this way. Any company with a CEO has a board of directors. The board of directors are voted in by the stockholders. Should the stockholders not like the course of business, they can call on the directors to chop his head off. Should the board of directors choose not to, then their own jobs are on the line. Since they are also major stockholders, they stand to loose gobs of money when bad things happen. Bill Gates has done a wonderful job of infiltrating every segment of society with his software, and it has done many good things for the world. Some bad, as debatable, but for the most part very good things. Since he's done so well, I have no problem with him making as much money as he does. I hear he's a bit of an ass, while Paul Allen is cool, but his sister runs Vulcan enterprises and is the royal bitch of all bitches. Obviously she didn't earn all Paul's money! Everyone has a boss, you see, even if it _is_ the wife of the owner! |
#13
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On Sat, 27 Aug 2005 17:22:50 -0700, Stuart Grey
wrote: Jim Stewart wrote: Cliff wrote: http://moneycentral.msn.com/content/...0.asp?GT1=6820 [ The 5 most outrageously overpaid CEOs Here’s the pantheon of execs whose paychecks soar while their companies suffer. Good list, can't disagree. Now how about finding us a list of the 5 most over-paid civil servants? These are examples of how the laws allow a conspiracy to plunder the company. Lets face it, a good, competant MBA could manage these companies MUCH better and would probably feel overpaid at $250,000. These idiots plunder the stockholders at a 40 M$ pay, and then screw the company over. Criminal. Gut 'em and hang 'em with their own guts from lamp posts on Wall Street. Can you give some specific example of this behavior (plundering a company)? It's easy to claim it happens. I'd like to see an example, with the name of the company and what it is the evil executives are supposed to have done to it. -- Robert Sturgeon Summum ius summa inuria. http://www.vistech.net/users/rsturge/ |
#14
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"Robert Sturgeon" wrote in message ... On Sat, 27 Aug 2005 17:22:50 -0700, Stuart Grey wrote: Jim Stewart wrote: Cliff wrote: http://moneycentral.msn.com/content/...0.asp?GT1=6820 [ The 5 most outrageously overpaid CEOs Here's the pantheon of execs whose paychecks soar while their companies suffer. Good list, can't disagree. Now how about finding us a list of the 5 most over-paid civil servants? These are examples of how the laws allow a conspiracy to plunder the company. Can you give some specific example of this behavior (plundering a company)? It's easy to claim it happens. I'd like to see an example, with the name of the company and what it is the evil executives are supposed to have done to it. These have either gone or are going to jail except for Lowell Milken. Mike went for him. Dennis Kozloski, Tyco. Theft. Fraud, Conversion. Bernie Ebbers, WorldCom. Theft. Fraud, Conversion. Michael Milken and his brother Lowell, Drexel Burnham. Perjury, conversion, Fraud ( Trade Parking ) You can also easily search on the following for details. Jeffrey Skilling, Enron. Kenneth Lay, Enron. Ivan Boesky, various closed funds. Thomas Case, Global Crossing Ltd. Joseph Perrone, Global Crossing Ltd. Dan Cohrs, Global Crossing Ltd. Sir James Goldsmith, Various, but his run at Good Year is a classic example of greenmail. Ronald Perlman, another green mailer. He did end up with Revlon in the end. Over the years Robert, there have been literally hundreds of instances. -- John R. Carroll Machining Solution Software, Inc. Los Angeles San Francisco www.machiningsolution.com |
#15
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John R. Carroll wrote:
"Robert Sturgeon" wrote in message ... On Sat, 27 Aug 2005 17:22:50 -0700, Stuart Grey wrote: Jim Stewart wrote: Cliff wrote: http://moneycentral.msn.com/content/...0.asp?GT1=6820 [ The 5 most outrageously overpaid CEOs Here's the pantheon of execs whose paychecks soar while their companies suffer. Good list, can't disagree. Now how about finding us a list of the 5 most over-paid civil servants? These are examples of how the laws allow a conspiracy to plunder the company. Can you give some specific example of this behavior (plundering a company)? It's easy to claim it happens. I'd like to see an example, with the name of the company and what it is the evil executives are supposed to have done to it. These have either gone or are going to jail except for Lowell Milken. Mike went for him. Dennis Kozloski, Tyco. Theft. Fraud, Conversion. Bernie Ebbers, WorldCom. Theft. Fraud, Conversion. Michael Milken and his brother Lowell, Drexel Burnham. Perjury, conversion, Fraud ( Trade Parking ) You can also easily search on the following for details. Jeffrey Skilling, Enron. Kenneth Lay, Enron. Ivan Boesky, various closed funds. Thomas Case, Global Crossing Ltd. Joseph Perrone, Global Crossing Ltd. Dan Cohrs, Global Crossing Ltd. Sir James Goldsmith, Various, but his run at Good Year is a classic example of greenmail. Ronald Perlman, another green mailer. He did end up with Revlon in the end. Over the years Robert, there have been literally hundreds of instances. There are a few bad apples in every barrel. Corporate corruption is an aberration, not the norm. Most CEOs are doing an outstanding job, and they are worth every single penny they get. |
#16
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On Sun, 28 Aug 2005 16:35:54 GMT, "John R. Carroll"
wrote: "Robert Sturgeon" wrote in message .. . On Sat, 27 Aug 2005 17:22:50 -0700, Stuart Grey wrote: Jim Stewart wrote: Cliff wrote: http://moneycentral.msn.com/content/...0.asp?GT1=6820 [ The 5 most outrageously overpaid CEOs Here's the pantheon of execs whose paychecks soar while their companies suffer. Good list, can't disagree. Now how about finding us a list of the 5 most over-paid civil servants? These are examples of how the laws allow a conspiracy to plunder the company. Can you give some specific example of this behavior (plundering a company)? It's easy to claim it happens. I'd like to see an example, with the name of the company and what it is the evil executives are supposed to have done to it. These have either gone or are going to jail except for Lowell Milken. Mike went for him. Dennis Kozloski, Tyco. Theft. Fraud, Conversion. Tyco is still in business. Bernie Ebbers, WorldCom. Theft. Fraud, Conversion. WorldCom was a fraud from the getgo - pure vapor. It would have been gone regardless of what the execs did. Michael Milken and his brother Lowell, Drexel Burnham. Perjury, conversion, Fraud ( Trade Parking ) You can also easily search on the following for details. Jeffrey Skilling, Enron. Kenneth Lay, Enron. Ivan Boesky, various closed funds. Thomas Case, Global Crossing Ltd. Joseph Perrone, Global Crossing Ltd. Dan Cohrs, Global Crossing Ltd. Sir James Goldsmith, Various, but his run at Good Year is a classic example of greenmail. Ronald Perlman, another green mailer. He did end up with Revlon in the end. Over the years Robert, there have been literally hundreds of instances. That's quite a list, but you haven't detailed what they actually DID. Did any of them ruin a company by stealing from it? What were the examples of "green mail"? How did that work? I'm NOT saying there hasn't been some bad behavior. I'd just like people to be a little more exact, rather than throwing out wild claims without any explanation of what the crimes were supposed to be. I don't particularly trust Fortune 500 executives, and I doubt they really run the companies strictly for the benefit of the stockholders, as they should. But to say, for example, "Dan Cohrs, Global Crossing Ltd." as if that's supposed to mean anything, is a bit much. Who is Dan Cohrs, and what did he do to Global Crossing? -- Robert Sturgeon Summum ius summa inuria. http://www.vistech.net/users/rsturge/ |
#17
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Robert Sturgeon wrote:
On Sat, 27 Aug 2005 17:22:50 -0700, Stuart Grey wrote: Jim Stewart wrote: Cliff wrote: http://moneycentral.msn.com/content/...0.asp?GT1=6820 [ The 5 most outrageously overpaid CEOs Here’s the pantheon of execs whose paychecks soar while their companies suffer. Good list, can't disagree. Now how about finding us a list of the 5 most over-paid civil servants? These are examples of how the laws allow a conspiracy to plunder the company. Lets face it, a good, competant MBA could manage these companies MUCH better and would probably feel overpaid at $250,000. These idiots plunder the stockholders at a 40 M$ pay, and then screw the company over. Criminal. Gut 'em and hang 'em with their own guts from lamp posts on Wall Street. Can you give some specific example of this behavior (plundering a company)? Someone else provided many good examples of CEOs who were plundering the company. You also need to read the website. These guys were raking in tens of millions of dollars even as they lost over 70% of the shareholder's equity during times when the economy was doing good. It's easy to claim it happens. I'd like to see an example, with the name of the company and what it is the evil executives are supposed to have done to it. There was that guy at Boeing who Lockheed accused of being in on a deal where they got preferential treatment from an air force buyer, and then gave the air force buyer a nice VP job as payoff. Billions of taxpayer money was wasted so these people can rake in a few millions. The CEO of Boeing was pretty much untouchable, but you knew that the Air Force just didn't trust him. Then, suddenly, the CEO was fired for having an affair at some corporate paid for drunken orgy, and then just days after he was fired, the Air Force announced that it would do business with Boeing again. Corrupt as hell. These guys plunder the company and the country. |
#18
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On Sun, 28 Aug 2005 14:05:18 -0700, Stuart Grey
wrote: Robert Sturgeon wrote: On Sat, 27 Aug 2005 17:22:50 -0700, Stuart Grey wrote: Jim Stewart wrote: Cliff wrote: http://moneycentral.msn.com/content/...0.asp?GT1=6820 [ The 5 most outrageously overpaid CEOs Here’s the pantheon of execs whose paychecks soar while their companies suffer. Good list, can't disagree. Now how about finding us a list of the 5 most over-paid civil servants? These are examples of how the laws allow a conspiracy to plunder the company. Lets face it, a good, competant MBA could manage these companies MUCH better and would probably feel overpaid at $250,000. These idiots plunder the stockholders at a 40 M$ pay, and then screw the company over. Criminal. Gut 'em and hang 'em with their own guts from lamp posts on Wall Street. Can you give some specific example of this behavior (plundering a company)? Someone else provided many good examples of CEOs who were plundering the company. You also need to read the website. I don't accept mandatory reading assignments from usenet posters. These guys were raking in tens of millions of dollars even as they lost over 70% of the shareholder's equity during times when the economy was doing good. Isn't that the shareholders' responsibility? - to either change the board of directors or sell their stock? Why are they so passive? It's easy to claim it happens. I'd like to see an example, with the name of the company and what it is the evil executives are supposed to have done to it. There was that guy at Boeing who Lockheed accused of being in on a deal where they got preferential treatment from an air force buyer, and then gave the air force buyer a nice VP job as payoff. Billions of taxpayer money was wasted so these people can rake in a few millions. The CEO of Boeing was pretty much untouchable, but you knew that the Air Force just didn't trust him. Sorry - I just don't understand that story. How do you know whom the Air Force trusted, and whom they didn't trust, and why? Then, suddenly, the CEO was fired for having an affair at some corporate paid for drunken orgy, and then just days after he was fired, the Air Force announced that it would do business with Boeing again. Corrupt as hell. These guys plunder the company and the country. You'll have to give a more complete explanation of the events you mention before I'll accept your conclusions. Boeing seems to be doing extremely well nowadays. Its executives apparently didn't ruin the company. As for Boeing plundering the country - I don't see how they can do that. Do they have some way of forcing the Air Force to buy their stuff, and pay too much for it? Or do they just go directly to the Treasury and do an armed robbery? -- Robert Sturgeon Summum ius summa inuria. http://www.vistech.net/users/rsturge/ |
#19
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On Sun, 28 Aug 2005 14:05:18 -0700, Stuart Grey
wrote: Someone else provided many good examples of CEOs who were plundering the company. You also need to read the website. These guys were raking in tens of millions of dollars even as they lost over 70% of the shareholder's equity during times when the economy was doing good. Republicans & shrubbie's buddies ? The neocons may have gutted the SEC too. -- Cliff |
#20
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On Sun, 28 Aug 2005 14:05:18 -0700, Stuart Grey
wrote: There was that guy at Boeing who Lockheed accused of being in on a deal where they got preferential treatment from an air force buyer, and then gave the air force buyer a nice VP job as payoff. Billions of taxpayer money was wasted so these people can rake in a few millions. Much of which seems to have gone into the shrubbie's coffers if this is that tanker deal. And it was a woman, IIRC. -- Cliff |
#21
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In article , Jim Stewart says...
Good list, can't disagree. Now how about finding us a list of the 5 most over-paid civil servants? The single highest-paid public employee in Westchester (NY) county is Janine Piro's bodyguard/driver, who will be earning about $250K this year. Piro is the county district attorney and claims that she needs protection. She's the only DA in all of NY state with a bodyguard. Probably she needs the protection because she's all mobbed up. Not suprising given her husband's connections. Still a quarter million dollars per year is a lot for a driver. Jim -- ================================================== please reply to: JRR(zero) at pkmfgvm4 (dot) vnet (dot) ibm (dot) com ================================================== |
#22
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jim rozen wrote:
In article , Jim Stewart says... Good list, can't disagree. Now how about finding us a list of the 5 most over-paid civil servants? The single highest-paid public employee in Westchester (NY) county is Janine Piro's bodyguard/driver, who will be earning about $250K this year. Piro is the county district attorney and claims that she needs protection. She's the only DA in all of NY state with a bodyguard. Probably she needs the protection because she's all mobbed up. Not suprising given her husband's connections. Still a quarter million dollars per year is a lot for a driver. Jim Thanks Jim! I don't feel so bad now. Just last night I was perusing the county website listing of positions and salaries. I don't recall the position at the moment, but the highest paid was barely under $190,000. Then a few near $180k, numerically more at $170k, etc. Add the benefits package and it gets more ridiculous. Also, several dept super positions have something called "management leave". That amounts to additional paid hours that are accrued based on the number of hours worked. In other words, they get this for showing up! Most of these positions, if not all, that recieve this extra paid time are salaried well over $100,000. One would think that would be sufficient incentive to come to work. Maybe even do an honest day of work, too. mike |
#23
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Jim,
I've been reading your BS for years and finally have something to tell you: 1) For all you claim to know, why aren't you making in excess of $ 250,000 ? 2) The man is a Bodygaurd. Would you put your ass on the line for $ 250,000 ? 3) You folks in Westchester pay exorbidant taxes, if you want to save money, gut the "Free Cheese". 4) They are getting a good deal for $250,000. He is doing two jobs. Usually there is a driver and a Bodyguard. 5) Why don't you try out for the Bodyguards job ? You too much of a pussy ? The single highest-paid public employee in Westchester (NY) county is Janine Piro's bodyguard/driver, who will be earning about $250K this year. Piro is the county district attorney and claims that she needs protection. She's the only DA in all of NY state with a bodyguard. Probably she needs the protection because she's all mobbed up. Not suprising given her husband's connections. Still a quarter million dollars per year is a lot for a driver. Jim -- ================================================== please reply to: JRR(zero) at pkmfgvm4 (dot) vnet (dot) ibm (dot) com ================================================== |
#24
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In article , Kevin says...
Jim, I've been reading your BS for years and finally have something to tell you: Why wait my friend, nobody else does. Feel free to vent your spleen. Everyone else does. -- ================================================== please reply to: JRR(zero) at pkmfgvm4 (dot) vnet (dot) ibm (dot) com ================================================== |
#25
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Sorry Jim. I was in a bad mood. You do offer up some great advice. We just
have different political views... Please accept my apology.. "jim rozen" wrote in message ... In article , Kevin says... Jim, I've been reading your BS for years and finally have something to tell you: Why wait my friend, nobody else does. Feel free to vent your spleen. Everyone else does. -- ================================================== please reply to: JRR(zero) at pkmfgvm4 (dot) vnet (dot) ibm (dot) com ================================================== |
#26
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"Kevin" wrote in message ... Jim, I've been reading your BS for years and finally have something to tell you: 1) For all you claim to know, why aren't you making in excess of $ 250,000 ? 2) The man is a Bodygaurd. Would you put your ass on the line for $ 250,000 ? 3) You folks in Westchester pay exorbidant taxes, if you want to save money, gut the "Free Cheese". 4) They are getting a good deal for $250,000. He is doing two jobs. Usually there is a driver and a Bodyguard. 5) Why don't you try out for the Bodyguards job ? You too much of a pussy ? Those jobs always go to a well connected cop, usually near retirement. I don't think they're holding any "tryouts"! The single highest-paid public employee in Westchester (NY) county is Janine Piro's bodyguard/driver, who will be earning about $250K this year. Piro is the county district attorney and claims that she needs protection. She's the only DA in all of NY state with a bodyguard. Probably she needs the protection because she's all mobbed up. Not suprising given her husband's connections. Still a quarter million dollars per year is a lot for a driver. Jim -- ================================================== please reply to: JRR(zero) at pkmfgvm4 (dot) vnet (dot) ibm (dot) com ================================================== |
#27
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[
The 5 most outrageously overpaid CEOs Here's the pantheon of execs whose paychecks soar while their companies suffer. ] The Republican response: what's the problem this is a capitalist system, it's their money, they earned it. They had a contract. They can't ever see anything beyond that. Hawke |
#28
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Cliff wrote:
http://moneycentral.msn.com/content/...0.asp?GT1=6820 [ The 5 most outrageously overpaid CEOs Here’s the pantheon of execs whose paychecks soar while their companies suffer. ] These CEOs are responsible for generating millions of dollars in profits and they keep tens of thousands of workers employed. If a corporation makes, let's say, 10 billion in profit in a given year, then the CEO of that corporation deserves to be paid a salary in the 50 to 100 million dollar range. And what's wrong with that? A good performing CEO is worth his or her weight in gold, and they deserve every cent of what they receive in compensation. |
#29
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I agree that it is hard to question the pay of sucessfull CEO's. But
the web site Cliff sited had five that were well paid while the company suffered. It also had five that were modestly paid while their companies prospered. Dan JayCee wrote: These CEOs are responsible for generating millions of dollars in profits and they keep tens of thousands of workers employed. If a corporation makes, let's say, 10 billion in profit in a given year, then the CEO of that corporation deserves to be paid a salary in the 50 to 100 million dollar range. And what's wrong with that? A good performing CEO is worth his or her weight in gold, and they deserve every cent of what they receive in compensation. |
#30
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JayCee wrote:
Cliff wrote: http://moneycentral.msn.com/content/...0.asp?GT1=6820 [ The 5 most outrageously overpaid CEOs Here’s the pantheon of execs whose paychecks soar while their companies suffer. ] These CEOs are responsible for generating millions of dollars in profits and they keep tens of thousands of workers employed. If a corporation makes, let's say, 10 billion in profit in a given year, then the CEO of that corporation deserves to be paid a salary in the 50 to 100 million dollar range. And what's wrong with that? First of all, the CEO is almost NEVER responsible for the profits. Secondly, you can get a much better CEO for a lot cheaper than this. Thirdly, the CEOS are picked by a bunch of racketters who should be busted under the RICO statute. A good performing CEO is worth his or her weight in gold, and they deserve every cent of what they receive in compensation. These particular CEOS were raking in millions of dollars and lost 3/4s of the value of the company. In other words, they were incompetant as well as overpaid. |
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In article , Stuart Grey says...
These particular CEOS were raking in millions of dollars and lost 3/4s of the value of the company. In other words, they were incompetant as well as overpaid. Actually for skilling and lay, it was 100% of the company that was lost. Skilling went from CEO to CFO and then jumped ship before the fecal material hit the rotary oscillator however. Jim -- ================================================== please reply to: JRR(zero) at pkmfgvm4 (dot) vnet (dot) ibm (dot) com ================================================== |
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On Mon, 19 Sep 2005 12:22:08 -0700, Koz
wrote: Of course in the big scheme of things it still proves that crime pays. Anyone recall "Kenny Boy" Lay? Tom Delay? Cheney & Halliburton? Rumsfeld? Bush & the "WMDs"? Any of the others? BTW, Sounds like pork & patronage are ALREADY rampant in the hurricane disaster relief & rebuilding "efforts". -- Cliff |
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