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To: Dan3 who wrote (163041)	11/9/2008 12:07:11 PM
From: Bank Holding Company	Read Replies (1) \| Respond to of 306849

> Whatever else you say about GM, its workers are as unreasonably and unsustainably compensated as its managers....<< Once you stop bashing GM you can start bashing California state employees, police, fire, ect ect ect. It never ends.

To: Dan3 who wrote (163041)	11/9/2008 12:12:53 PM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 306849

well if you want to define workers globally then we agree. But that is not a silicon valley stock options problem, that is a problem for all US industries esp retail (Walmart) with apparel a close second. This dumping of production of all kinds of US invented products to China that has gone on for 2 decades of Walmart consumer rule has me miffed. But leaving that issue off, you can ask any employee of Apple whether or not they are better off with Steve vs. Lutz. Even if Apple did pay slave wages here to some production worker, which they don't (they give their retail employees healthcare and a top package) they would still be better off with Steve. The govt knows this and thats why they didn't take steve down in this stock options brouhaha. Jobs was the WORST stock option backdater- because he did it personally at 2 companies not one. Jobs alone foiled the US govt more than anything else in their efforts. There is no backing for taking down Steve Jobs in the USA, no matter what he does (note that these execs thought what they were doing was legal and were told to do this by acct firms so they did not know they broke the law- but still, its a grey area for sure). Steve jobs is an ass, and thats why he did it, because he could. If GM has enough money to pay for 2 planes and 2 helicopters for Lutz, then they have enough money to hire the best designers in the world to build some whizbang product that gets wow's like the Tesla. Here's what is happening at GM (mho): - Lutz spends all his time lobbying and doesn't really know the business anymore even though he is the face of it - Lutz is so far away from GM he doesn't know who the good managers are - Lutz thinks he is too good to go down to engineering and work with the designers there, and chooses to make excuses as to why this can't be done and that can't be done.