Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (436370)	11/23/2008 6:22:08 PM
From: i-node	Read Replies (3) of 1573951

Right. And we can see that because many of the most highest compensated executives head companies that do the poorest... No, what you know about is what you read about in the media lately since the economy has tanked. Get over it. The problem isn't highly paid executives. The compensation paid to these people amounts to nothing; literally, it is immaterial in many of these cases. If you have a company that loses $6 billion in a quarter, the fact that certain executives are compensated 10s of millions just isn't important. The simple, plain truth is that nonunionized automakers are doing better than the unionized ones, but the unionized ones are those who are in the worst shape (the big 3) because of the high cost of union labor. If the others were facing labor costs of double or triple what they are, they'd be facing the same problems. You just cannot argue with the facts.

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