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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (436517)11/24/2008 1:52:37 PM
From: Tenchusatsu3 Recommendations  Read Replies (2) | Respond to of 1573954
 
Inode, > If they're going to pay these guys $15,000/hour, though, they damned well ought to try and make the best use of their time.

It's all related. CEOs regularly reward themselves handsomely for a job poorly done. That includes private jets and other corporate perks.

Are they really worth $15K/hour? Is their time THAT valuable to the company? Personally, I think you could get some young kid straight out of the Harvard MBA program, make him or her CEO of GM, and pay 10% of what the current CEO is making. That kid will probably do just as good of a job, if not better.

Yet another reason why the US auto industry does NOT deserve a bailout.

Tenchusatsu