Comments on: CEOs Make Money After They Die With Golden Coffin Benefits http://www.businesspundit.com/ceos-make-money-after-they-die-with-golden-coffin-benefits/ Entrepreneurship, Startup Companies and Business Philosophy Fri, 20 Nov 2009 20:31:15 -0600 http://wordpress.org/?v=2.8.5 hourly 1 By: Shane Russell http://www.businesspundit.com/ceos-make-money-after-they-die-with-golden-coffin-benefits/comment-page-1/#comment-15810 Shane Russell Tue, 04 Aug 2009 02:05:13 +0000 http://www.businesspundit.com/ceos-make-money-after-they-die-with-golden-coffin-benefits/#comment-15810 I don't have a problem with it, it's the cheapest way to reward someone for managing a company that a majority of consumers depend on, no matter what the outcome is I don’t have a problem with it, it’s the cheapest way to reward someone for managing a company that a majority of consumers depend on, no matter what the outcome is

]]> By: website design http://www.businesspundit.com/ceos-make-money-after-they-die-with-golden-coffin-benefits/comment-page-1/#comment-4541 website design Tue, 10 Jun 2008 20:53:28 +0000 http://www.businesspundit.com/ceos-make-money-after-they-die-with-golden-coffin-benefits/#comment-4541 Why is this absurd? Elvis still makes around $37 million a year. Dr. Seuss makes around $19 million. Tupac makes around $7 million. Why is this absurd? Elvis still makes around $37 million a year. Dr. Seuss makes around $19 million. Tupac makes around $7 million.

]]> By: Chaos Motor http://www.businesspundit.com/ceos-make-money-after-they-die-with-golden-coffin-benefits/comment-page-1/#comment-4535 Chaos Motor Tue, 10 Jun 2008 19:33:54 +0000 http://www.businesspundit.com/ceos-make-money-after-they-die-with-golden-coffin-benefits/#comment-4535 Here's what boggles my mind - these geniuses on the Boards of Directors set up these golden parachute & coffin bonuses for CEOS who fucking SUCK. Almost 100% of gains in business revenues in the prior decade were created by 1) cannabilizing long-term business potential for short-term gains 2) exploiting consumers & customers 3) exploiting employees and reducing employee benefits & compensation to increase executive pay None of those are intelligent or sustainable business practices, and all of them will eventually lead to the collapse of the core business - kind of like what we've seen in the credit and mortgage industries, which relied heavily on point 1, cannabilizing their long-term potential for short term gains. How are these supposedly educated and capable Boards so deeply misled and foolish about their executives? They could get Joe Schmoe off the street and get better long-term performance, though perhaps their individual quarterlies wouldn't look as nice as the quarterlies produced by these short-term greed magnets. Here’s what boggles my mind – these geniuses on the Boards of Directors set up these golden parachute & coffin bonuses for CEOS who fucking SUCK. Almost 100% of gains in business revenues in the prior decade were created by

1) cannabilizing long-term business potential for short-term gains
2) exploiting consumers & customers
3) exploiting employees and reducing employee benefits & compensation to increase executive pay

None of those are intelligent or sustainable business practices, and all of them will eventually lead to the collapse of the core business – kind of like what we’ve seen in the credit and mortgage industries, which relied heavily on point 1, cannabilizing their long-term potential for short term gains.

How are these supposedly educated and capable Boards so deeply misled and foolish about their executives? They could get Joe Schmoe off the street and get better long-term performance, though perhaps their individual quarterlies wouldn’t look as nice as the quarterlies produced by these short-term greed magnets.

]]> By: Uncle B http://www.businesspundit.com/ceos-make-money-after-they-die-with-golden-coffin-benefits/comment-page-1/#comment-4528 Uncle B Tue, 10 Jun 2008 17:26:44 +0000 http://www.businesspundit.com/ceos-make-money-after-they-die-with-golden-coffin-benefits/#comment-4528 The shareholders hired them to leave us hungry and broke. We are hungry and broke, they get the gold, where's the mystery, this is predatory Capitalism's finest, and last hour. Oil is their grim reaper! The shareholders hired them to leave us hungry and broke. We are hungry and broke, they get the gold, where’s the mystery, this is predatory Capitalism’s finest, and last hour. Oil is their grim reaper!

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