My thought is that the era of corporations has given way to an era of professional managers who conspire to take compensation out of all proportion to their worth. They conspire with their colleagues who sit on their boards, they ignore the interests of shareholders, and they pretend that they deserve the money they are being paid. I've seen it firsthand. Mercenary executives come into a company built by other people and intentionally cut out their employees in order to plunder the company of its wealth.
What is the answer to this conspiracy of management against the little guy in the corporate world? I don't know, but the situation is totally unhealthy for our country and for capitalism in general. On 1/3/07, Adam Churvis <[EMAIL PROTECTED]> wrote: > > How many of you think that this suggests a failure of at least one part of > capitalism? Perhaps a capitalism that isn't yet refined enough to be > considered truly viable? Or maybe capitalism that needs a bit more control > to keep it from being abusive? > > What are your thoughts? > > Respectfully, > > Adam Phillip Churvis > Certified Advanced ColdFusion MX 7 Developer > BlueDragon Alliance Founding Committee > > > > Get advanced intensive Master-level training in > C# & ASP.NET 2.0 for ColdFusion Developers at > ProductivityEnhancement.com > > ----- Original Message ----- > From: Zaphod Beeblebrox > To: CF-Community > Sent: Wednesday, January 03, 2007 2:23 PM > Subject: Re: Please Don't Worry About Bob Nardelli > > > there's nothing wrong. it's just capitalism hard at work. > > > On 1/3/07, Robert Munn <[EMAIL PROTECTED]> wrote: > > wtf is wrong with the world? please someone explain to me how anyone > is > > worth this kind of dough for any job. > > > > On 1/3/07, Gruss wrote: > > > > > > He's going to be just fine ... > > > > > > -------------------------------------------------- > > > Bob Nardelli has resigned as chairman and CEO after six years capped > > > by criticism over his pay and the company's share performance. He > > > departs with a $210 million severance package. > > > > > > http://online.wsj.com/article/SB116782948407565911.html > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Create robust enterprise, web RIAs. Upgrade & integrate Adobe Coldfusion MX7 with Flex 2 http://ad.doubleclick.net/clk;56760587;14748456;a?http://www.adobe.com/products/coldfusion/flex2/?sdid=LVNU Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:223539 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
