No, if I set up the contract, knowing that the contract was GOING to fail due specifically to my actions, with a big golden parachute at the end to protect me from the fallout, leaving the contract in the hands of coworkers who were going to have to deal with the failure, I wouldn't take the money.
As a matter of fact, back when I was making 22K a year, I was offered almost exactly such a job, making a base salary of 120K, with a parachute buyout of 250K with a "management group" who purposefully were hired at companies as experts, then tanked the companies to the point that the companies bought them out within 2 years just to get rid of them. And part of the separation agreement was the inability of the company to do anything but recommend the group to the next suckers. They failed in their job. They failed their company. They should not get any bonus. And no, it isnt a tempest in a teapot. It is a perfect example of the bigger problem, on an understandable scale. On Wed, Mar 18, 2009 at 5:46 PM, Maureen <[email protected]> wrote: > > If you had a contract with a client that had a performance bonus built > in, and you met the qualifications for the bonus, why would you turn > it down. If I earned a contracted bonus, you can bet I'd take it, and > I wouldn't be giving any of it back. This whole AIG bonus crap is > just a tempest in a teapot - a distraction and scapegoating to keep > attention of the real problems. > > On Wed, Mar 18, 2009 at 12:43 PM, Jerry Johnson <[email protected]> wrote: > > > > Yeah, but I personally wouldn't have taken it in the first place. > > > > But then, I have to live with myself. Maybe they don't. > > > > With that in mind, if they don't voluntarily give it back, I > wholeheartedly > > agree with moving to get it back, and moving (as some are talking) with a > > suit against the execs, for fiduciary malfeasance. > > > > From today's hearing, I love the question one asked. > > > > "Can you get us a list of every employee making more than $100,000 per > > MONTH"? > > > > Liddy's response "I'll try, but it will take some time. There are a lot > of > > them" > > > > > > On Wed, Mar 18, 2009 at 3:22 PM, G Money <[email protected]> wrote: > > > >> > >> Haven't watched it, don't really know what's going on....i do know this: > >> > >> If someone cut me a huge check, then asked me to "do the right thing by > >> giving half of it back", I'd tell them to phuck off :) > >> > >> 2009/3/18 Erika L. Walker <[email protected]> > >> > >> > > >> > I feel kinda bad for Liddy ... > >> > > >> > On Wed, Mar 18, 2009 at 3:09 PM, Jerry Johnson <[email protected]> > wrote: > >> > > >> > > > >> > > Yes. And I think Liddy is doing very well, but the jerk from > >> > Massachusetts > >> > > embarrassed everybody. > >> > > > >> > > > >> > > > >> > > >> > > >> > > >> > >> > > > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:292217 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
