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  #241 (permalink)  
Old 05-31-2008, 02:45 AM
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Maybe I'm just weird this way. Old-fashioned, I guess is the term. But I'm of the opinion that in the real world, working with your hands and doing an honest day's labor is worth more than all the talking in the world.
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  #242 (permalink)  
Old 05-31-2008, 10:36 PM
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Last I have read (it may have changed), Warren Buffet's salary is $100,000. In other words, when he makes the correct decision, his stock valuation goes up. When he doesn't, he still gets paid a decent amount for all his hard work, and he does work extremely hard. I like this model.

My friend is a pilot for American Airlines. The CEO asked all the unions to take a pay cut 2 years ago. They did. They workers have not gotten raises since, yet the executives continue to get bonuses, all while the company is in absolute shambles, debt has skyrocketed into the billions, and stock has dropped considerably.

The pilots cannot go elsewhere because most other airline CEOs are just as bad and pay less. This is exploitation and I will not fly with them. This boycott is my choice and is currently the only way that people can fight back.

If you don't like what a company does, whether its CEO pay, or outsourcing (Dell, EDS), or hiring children (Nike), or whatever - then don't do business with them. I don't think there is a good/fair/easy way to put some kind of a ceiling on what CEOs get paid, so if you really care about this sort of thing then do your research and don't buy products and services from such a company. If you just want some cheetoes and don't care that their CEO makes $107 million while relaxing in Hawaii, then by all means, grab some cheetoes.
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Old 06-02-2008, 07:53 AM
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Originally Posted by Ozek View Post
Last I have read (it may have changed), Warren Buffet's salary is $100,000. In other words, when he makes the correct decision, his stock valuation goes up. When he doesn't, he still gets paid a decent amount for all his hard work, and he does work extremely hard. I like this model.

My friend is a pilot for American Airlines. The CEO asked all the unions to take a pay cut 2 years ago. They did. They workers have not gotten raises since, yet the executives continue to get bonuses, all while the company is in absolute shambles, debt has skyrocketed into the billions, and stock has dropped considerably.

The pilots cannot go elsewhere because most other airline CEOs are just as bad and pay less. This is exploitation and I will not fly with them. This boycott is my choice and is currently the only way that people can fight back.

If you don't like what a company does, whether its CEO pay, or outsourcing (Dell, EDS), or hiring children (Nike), or whatever - then don't do business with them. I don't think there is a good/fair/easy way to put some kind of a ceiling on what CEOs get paid, so if you really care about this sort of thing then do your research and don't buy products and services from such a company. If you just want some cheetoes and don't care that their CEO makes $107 million while relaxing in Hawaii, then by all means, grab some cheetoes.

Thanks for you post, I have aleady done that.
AA is one of the worst airlines in treating its own employees, now we may add Customers too. I had not fly with AA for 15 years since I got the inside story from my niece. Whatever we do is very minimal to the situation, we need to let American people understand and aware of those CEOs are destroying our corporation's ethics and American values. Exxon/Mobil recent share meeting, Share holders use their power to stop the splitting of Chairman/CEO job is one of good example to show that people still has the power in a capitalist world.

Last edited by jcwang; 06-02-2008 at 08:02 AM.
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Old 06-06-2008, 03:56 PM
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Last month several major corporations announcing lay-off workers, as usual to lay-off workers is the first thing come to their mind and is something even you and I can do it.
As much salary a CEO get, you will think that they have the capability to do something extraordinary to their job. They should be able to keep their company rising no matter what the economy is, they should be able to go to OPEC and negotiate the oil price themselves or even get all CEOs together to go to congress and demand a military interference to bring down the oil price, furthermore they should be able to perceive that the interest rate cut is not working and ask FED to raise the interest rate to save the American dollar... However they all choose to sit and watch our economy sinking with the outrage oil price and doing nothing worthy.

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Old 06-06-2008, 08:12 PM
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You DO know that if you eliminate the CEO's pay, at ExxonMobil, the price of gasoline would drop 0.0001¢. Wooooo boy! That's a big difference!

Seriously...being bitter because you're not part of the "rich elite," is starting to look bad. As I've said...work harder to raise yourself to their level, instead of dragging them all down to yours.
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Old 06-07-2008, 12:36 PM
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You DO know that if you eliminate the CEO's pay, at ExxonMobil, the price of gasoline would drop 0.0001¢. Wooooo boy! That's a big difference!

Seriously...being bitter because you're not part of the "rich elite," is starting to look bad. As I've said...work harder to raise yourself to their level, instead of dragging them all down to yours.
But just being at that level consumes so much energy that it seems evil.
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Old 06-07-2008, 02:23 PM
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You DO know that if you eliminate the CEO's pay, at ExxonMobil, the price of gasoline would drop 0.0001¢. Wooooo boy! That's a big difference!

Seriously...being bitter because you're not part of the "rich elite," is starting to look bad. As I've said...work harder to raise yourself to their level, instead of dragging them all down to yours.
I am totally happy with my own level. This thread has nothing to do with my own status. period.
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  #248 (permalink)  
Old 09-27-2008, 05:03 PM
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I posted this thread in March 2008, nobody seems to give a dam about our greatest capitalist inventions -CEOs. WIth our economy in such chaotic shape, I certainly want to see which CEO can REALLY save their company from such a mess. Show us your magic and talent and why you deserve such high pay?
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Old 09-27-2008, 05:10 PM
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Originally Posted by ABoyNamedSue View Post
You DO know that if you eliminate the CEO's pay, at ExxonMobil, the price of gasoline would drop 0.0001¢. Wooooo boy! That's a big difference!

Seriously...being bitter because you're not part of the "rich elite," is starting to look bad. As I've said...work harder to raise yourself to their level, instead of dragging them all down to yours.
I don't usually agree with ABNS *prepares to shoot self in head* but CEO's get the salary they deserve. I work for a US Fortune 500 company with a high-priced CEO. He's worth every penny.

Like all employees some CEOs make mistakes, act out of greed, commit fraud. There's got to be enough regulation to prevent the mistakes/greed/fraud from getting out of hand and harming the economy.

It is unfortunate when a CEO runs a company into the ground and gets a multi-million dollar severance but that's how it works in a free market economy. The alternative is available to anyone who doesn't mind the inconveniences of communism.
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  #250 (permalink)  
Old 09-27-2008, 05:21 PM
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I don't usually agree with ABNS *prepares to shoot self in head* but CEO's get the salary they deserve. I work for a US Fortune 500 company with a high-priced CEO. He's worth every penny.

Like all employees some CEOs make mistakes, act out of greed, commit fraud. There's got to be enough regulation to prevent the mistakes/greed/fraud from getting out of hand and harming the economy.

It is unfortunate when a CEO runs a company into the ground and gets a multi-million dollar severance but that's how it works in a free market economy. The alternative is available to anyone who doesn't mind the inconveniences of communism.
In my observation, one of the best CEO on top of my list is the PEPSICO ceo -Indra whatever. Just check the stock prive in one year trading of PEP, it stay in the $70 dollars range, to this date only -6% off it's highest stock value. This lady from India is incredible.
She deserve evey penny of her salary. The rest can go to hell.
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