Last post on Sep 19, 2006 at 5:21 PM
You are in the Automotive News & Views-Archives
#3652 of 3659 Re: Cut Off? [rockylee]
Sep 19, 2006 (3:53 pm)
I heard they have flying pigs stashed away somewhere too.
#3653 of 3659 Re: ford is allowed to hire temps not at full pay!!! [rockylee]
Sep 19, 2006 (3:56 pm)
It's not a golden parachute like a suit would get
Most suits don't have golden parachute. . . in fact, the overwhelming majority of suits don't.
#3654 of 3659 Re: There's a time [imidazol97]
Sep 19, 2006 (4:00 pm)
Amen to the first half of your post.
Not sure how many layers of managers have their rides. I thought GM is / has been laying off white collars left and right, with no buy-out offers. Even Wagoner's pay is very very low considering the number of employees and the amount of revenue he oversees (and his talent, IMHO). . . and had to take half-pay on top of that.
#3655 of 3659 Re: Current Retirees [rockylee]
Sep 19, 2006 (4:19 pm)
Where are people like my grandfather going to go ? to the guillotine ?
Find a productive job? just like everyone else? Guillotine is only a possibility if he follows Fintail into some kind of bloody revolution.
GM, can and should fully fund it's obligations. They have wasted billions in buisness deals that otherwise could of went to their pension obligations.
We have been through this several times a couple months ago. If not for the successful investments, GM would have run out of money long time ago, and wouldn't have the money to buy out your gradfather's contract. The thing about investments is that, some are winners and some are losers, you simply can not decide ahead of time . . . darn, don't we all wish we only keep the wins and never pay up for the losses?
General Motors, like GE, made choices.
That I actually agree. GM should have extricated itself from extravegant union obligations long time ago like GE did.
#3656 of 3659 Re: Cut Off? [rockylee]
Sep 19, 2006 (4:25 pm)
People like my grand-dad aren't fit to work anymore and he requires a cocktail worth of pharmaceutical drugs to keep him "balanced" in his health.
Nobody is suggesting he has to work. Where is his savings? Where is his family? If his family is not willing to support him, why should the rest of us be drafted into slave labor to support him?
CEO's are paid millions a yr. in salary and if they can't work it all out then they should get the guillotine.
And the size of the applicant pool would be?
I don't understand why it's so hard to turn-around a company like GM.
At least you are honest on this one
#3657 of 3659 Re: Current Retirees [brightness04]
Sep 19, 2006 (4:55 pm)
You'd be well advised to leave me out of your uninformed little rants. Thanks for your cooperation.
#3658 of 3659 Re: Current Retirees [fintail]
Sep 19, 2006 (5:14 pm)
I figured Rocky got his guillotines from your past writings, which brought up that particular method of public execution, among others, quite often. He's a real fan of yours.
#3659 of 3659 Aaaaand on that note....
by Karen@Edmunds HOST
Sep 19, 2006 (5:21 pm)
....it's time to put this one to rest as it appears to be the same thing over and over. Hope you all enjoyed it.