SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Dan3 who wrote (163000)11/9/2008 11:27:03 AM
From: Lizzie TudorRead Replies (2) | Respond to of 306849
 
well dan, that may be.

GM executives have not followed the practice of the Silicon Valley and Bond market swindlers of embezzling multiples of their company's earnings as "bonuses" while shafting their investors and production workers.

Steve Jobs might be an ass, and he might be a swindler. But he gets down in the mud with his team and builds great products.

What does Lutz do?
- make a bunch of asinine statements about global warming
- fly to work in a plane and helicopter
- LOBBY washington for everything

Lutz, and people like him, are a drain on our economy and Steve Jobs is a big WIN. The fact that people like you use a small issue like giving new employees that start in a company the lowest option price of that quarter, even if they hadn't started yet, as some kind of repudiation that the silicon valley model DOESN'T WORK, is absolutely 70s-ish in its obscurity. And besides, the stock options cases were for EMPLOYEE stock option plans not executive ones anyway.

I applaud the GM of the past, 50 years or so ago. But the problem they have had in the last 20 years is as much a PRODUCT PROBLEM as it is a management problem, and there is no excuse for that. The prius came out in the 90s and GM responded with............. an escalade.