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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (16597)2/3/2004 3:03:16 PM
From: GraceZRead Replies (2) | Respond to of 306849
 
Let's not forget the million spent on stadium names!

I feel badly for the people who had these over-paid jobs that no longer exist. They may never make as much money doing a job that has a real market value that approximates the value they bring to the company.



To: Tradelite who wrote (16597)2/4/2004 12:23:22 AM
From: ConanRead Replies (1) | Respond to of 306849
 
Tradelite, your observations strike close to home. I worked for a startup that made all the mistakes you mentioned. The greedy VCs were taunting management about expanding faster so they could flip the company in the public markets. When those markets collapsed the company had a surplus of office furniture, leases, and corporate logo crap. Employees were the easiest surplus to liquidate.

Conan


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