Off-Topic: Is it?
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Name:   Talullahhound The author of this post is registered as a member - Email Member
Subject:   Is it?
Date:   3/31/2009 11:01:31 AM

I'm not saying that he shouldn't be paid it, if that is what his contract stated. But again, the public face on it shows another CEO being "rewarded" for heading up a failing company.

Now, is it all his fault? Probably not. But when you are the CEO and the bad things reach a boiling point on your watch, then you are to blame. That's why they get paid the big bucks... when the news is good, they get to take the credit; and when they are bad, they take the blame.

I think his being forced out is just "window dressing" -- unless of course, he folded his arms and said that there wasn't anything more that could be done.
At one point in my career (1989-1995) I did a lot of business with the big defense contractors in Detroit -- builders of tanks. I have to say that they did some of the dumbest things -- things you wouldn't expect big companies to do. And when it went to h*ll, they cried louder than anyone. It just defied common business sense. Now, I don't know about the car manufacturers, but it makes me wonder.

But, now that the government will fix my car if it goes bad, I think I'll go by a GM product today... Do you suppose they'll turn Anniston Army Depot into a car repair facility?
Other messages in this thread:View Entire Thread
GM CEO told to resign... - rude evin - 3/29/2009 9:25:12 PM
     GM CEO told to resign... - GoneFishin - 3/29/2009 10:54:13 PM
          GM CEO told to resign... - rude evin - 3/30/2009 12:12:51 AM
          GM CEO told to resign... - water_watcher - 3/30/2009 5:55:48 AM
          Know what those 3 would do? - MartiniMan - 3/30/2009 8:35:59 AM
               Know what those 3 would do? - Talullahhound - 3/30/2009 10:01:02 AM
                    Amen sister! - MartiniMan - 3/30/2009 10:23:29 AM
                         This is sicking - cobra - 3/30/2009 9:56:43 PM
                              This is sicking - Talullahhound - 3/31/2009 8:27:57 AM
                              Is it? - MartiniMan - 3/31/2009 8:46:27 AM
                                   Is it? - rude evin - 3/31/2009 8:50:56 AM
                                   Is it? - Swimmer27 - 3/31/2009 10:08:00 AM
                                   Is it? - Talullahhound - 3/31/2009 11:01:31 AM
                                        Is it? - MartiniMan - 3/31/2009 2:29:38 PM
                                             Is it? - Talullahhound - 3/31/2009 4:24:56 PM
                                                  Parking garage? - au67 - 3/31/2009 5:16:05 PM
                                                       Parking garage? - water_watcher - 3/31/2009 5:41:43 PM
                                                            Parking garage? - Talullahhound - 3/31/2009 7:27:33 PM
                                                                 Parking garage? - Summer Lover - 4/1/2009 4:40:29 PM


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