KnowHR Blog - Latest Comments in Golden Parachutes Should Be Made of Lead

Re: Golden Parachutes Should Be Made of Lead

Frank Roche — Fri, 02 Nov 2007 12:21:07 -0000

Michelle, maybe there is some sensibility out there! Thanks for that link.

Re: Golden Parachutes Should Be Made of Lead

Scott McArthur — Thu, 01 Nov 2007 08:29:08 -0000

If you work out how to get one of these please bottle it and send me a 6 pack!

Re: Golden Parachutes Should Be Made of Lead

Frank Roche — Thu, 01 Nov 2007 01:34:21 -0000

Albert, it's one of the great mysteries of the universe. Being responsible with shareholders' money is paramount...so I don't get what happens. How in the hell, actually...

Re: Golden Parachutes Should Be Made of Lead

albert — Wed, 31 Oct 2007 15:56:42 -0000

I don't understand how these 'golden parachutes' work. The idiots, and I use that term fondly, at the top keep getting richer and hired for more top spots. If I had a company and a guy takes the blame for a $2.3B loss in Q3, I don't give him $161M as the door hits his ass on the way out. Merrill's CEO took in $160M in the last 5 years before getting this $161M parting gift.

Re: Golden Parachutes Should Be Made of Lead

Michelle Malay Carter — Wed, 31 Oct 2007 12:22:45 -0000

Maybe this crazy trend is reversing. Merill Lynch's ousted CEO will receive no serverance!

http://www.thestar.com/Business/article/272091

Regards,

Michelle