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Automotive News & Views United Automobile Workers of America (UAW)
16701 messages, Last post on Nov 20, 2009 at 3:39 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: dallasdude1 (Nov 22, 2008 9:09 am) Given that Saturn is now a set of rebadges except for an imported Opel, I'd say the experiment is a failure and there is no need for Saturn. |
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Replying to: jimbres (Nov 22, 2008 10:18 am)
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Replying to: gagrice (Nov 22, 2008 11:16 am) Columbia and Harvard are extremely hard to get into. However, the legacy is alive and well. An endowment will do wonders also to by pass merit. A reverse of affirmative action. Prescott Bush might have been brilliant, but his genetic traits didn't carry down to his offspring two generations away. Science and political science are two different disciplines. One is open to many and the other is limited to few. Country Club/golf course gathering has only held mankind down in the wheeling dealing/nepotism/cronyism where inbred mongoloids champion their own agenda of promoting their incompetent offspring. Lobbying for the unworthy friends and offspring of the well to do bypasses the competitive system and dooms us to failure.
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Replying to: nvbanker (Nov 22, 2008 3:15 pm) Does it come with a 6 and an 8? Do the rear seats have electric controls? Does it have a first aid kit? Would Lady Di have survived the wreck in it? Face it you can buy two Caddy's for the price. Its rather just plain looking and would only appeal to older folks. |
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Replying to: dallasdude1 (Nov 22, 2008 7:42 pm) If it is my illusion it is also yours. That is exactly what I said. You scratch my back, I'll scratch yours. Something the SEC should be able to control.
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Replying to: steve_ (Nov 22, 2008 8:08 am) IUI /A\ \W/ |
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Replying to: gagrice (Nov 22, 2008 7:52 pm)
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Replying to: dallasdude1 (Nov 22, 2008 8:06 pm)
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Replying to: gagrice (Nov 22, 2008 8:16 pm) Stock options are a good thing. Let say that the stock price is $10 a share at the beginning of the year and the CEO manages to increase the value to $100 at the end of the year. He buys all the shares he was allowed at $10 at years end and profits $90 a share and all of the shareholders stock has risen to $100 and that incentive was well worth it. However, if the stock was worth $5 a share at year end, that CEO would not exercise the stock options. My main point is that these folks operating these companies are not the cream of the crop, but rather the bottom of the barrel. Many schools have 70% of the student body doing a business major and while some are managers at Payless Shoes, some go on to operate large corporations. When an ENRON occurs it affect many lives all because moral corruption, ethical bankruptcy, and lack of character by upper management. Just what is a CEO's justification for compensation beyond the average Americans rational comprehension?
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Replying to: nvbanker (Nov 22, 2008 3:15 pm) I figure that if Cadillac went to the trouble to build a RWD sedan that can actually be had with a stick, then the least I can do is include it in my evaluation process. It doesn't hurt Cadillac's chances that the CTS is, in my eyes, a real looker. |
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