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Author Topic: $100 million payout for retiring CEO  (Read 1360 times)

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Offline CactusCarlos

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$100 million payout for retiring CEO
« on: November 01, 2011, 03:45:36 PM »
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x5044082

Quote
$100 million payout for retiring CEO
Posted by bluebuzzard on Mon Oct-31-11 10:50 PM
Source: CNN

Isenberg is contractually entitled to a $100 million payment in the event that he is fired or that the firm otherwise makes a change in control.

Read more: http://money.cnn.com/2011/10/31/news/companies/nabors_ceo_bonus/index.htm

Quote
And they wonder why, we the people are in an uproar
Posted by demosincebirth on Mon Oct-31-11 10:53 PM

No, what I'm wondering is why what he gets paid is any of your business.  Seriously, not kidding here.   Please explain it to me.
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Offline JohnnyReb

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Re: $100 million payout for retiring CEO
« Reply #1 on: November 01, 2011, 03:49:32 PM »
Get mad at those that agreed to pay him so much.

They're probably lazy liberal spouses that don't know squat about the business.
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"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline thundley4

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Re: $100 million payout for retiring CEO
« Reply #2 on: November 01, 2011, 04:02:45 PM »
They complain about this stuff, but they defend union workers making twice as much as the taxpayers in a given state, like Wisconsin.
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Offline DLR Pyro

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Re: $100 million payout for retiring CEO
« Reply #3 on: November 01, 2011, 04:08:16 PM »
Quote
Posted by bluebuzzard on Mon Oct-31-11 10:50 PM
Source: CNN

Isenberg is contractually entitled to a $100 million payment in the event that he is fired or that the firm otherwise makes a change in control.

BFD blueballs.  As long as he has not done anything illegal to get this contract payout it is of no concern to me nor should it be to you.
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Offline Freeper

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Re: $100 million payout for retiring CEO
« Reply #4 on: November 01, 2011, 04:25:42 PM »
They are just jealous, that is all it is too.

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Offline JohnnyReb

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Re: $100 million payout for retiring CEO
« Reply #5 on: November 01, 2011, 04:55:24 PM »
Quote from: Freeper on November 01, 2011, 04:25:42 PM
They are just jealous, that is all it is too.



I bet the family fortune that the DUmmies want every 'damn dime' of what they have been promised in government payments/wages/inheritance/whatever.

He has been promised a 100 mil so pay him when it comes due.
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"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline franksolich

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Re: $100 million payout for retiring CEO
« Reply #6 on: November 01, 2011, 06:21:30 PM »
Quote from: thundley4 on November 01, 2011, 04:02:45 PM
They complain about this stuff, but they defend union workers making twice as much as the taxpayers in a given state, like Wisconsin.

There's a distinction the primitives never make.

If one doesn't care for the policies of a corporation, one is utterly free to not purchase the goods or services of that corporation.  I've done that myself.

In this case, if one thinks the guy's being paid too much, one doesn't have to do business with them.

But one has no choice when it comes to a wasteful government overpaying its employees; one has to pay nonetheless, or get into all sorts of trouble.
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Offline jukin

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Re: $100 million payout for retiring CEO
« Reply #7 on: November 01, 2011, 08:06:31 PM »
Do the DUmbasses have any problem with actors making that in a year?

No.
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Offline docstew

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Re: $100 million payout for retiring CEO
« Reply #8 on: November 01, 2011, 10:48:02 PM »
Quote from: franksolich on November 01, 2011, 06:21:30 PM
There's a distinction the primitives never make.

If one doesn't care for the policies of a corporation, one is utterly free to not purchase the goods or services of that corporation.  I've done that myself.

In this case, if one thinks the guy's being paid too much, one doesn't have to do business with them.

But one has no choice when it comes to a wasteful government overpaying its employees; one has to pay nonetheless, or get into all sorts of trouble.

Or as Neal Boortz puts it: "The gov't requires you to pay them at gun point."
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