11-14-2008, 11:20 AM | #1 |
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Epic Fail for Chrysler Management
Let's cut jobs and pay bonuses! You fail Chrysler, and I hope all of those executive bonuses are the last ones you ever get. Chrysler's decision to do this is the type of thing that is causing the current administration to reject loan proposals to Detroit. Bash Chrysler.
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11-14-2008, 11:23 AM | #2 |
Not That sad..considering
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the problem is that those bonuses were already promised last year. undercontract for remaining with the company when it was sold by Mercedes. I do think they could have asked the execs to wait but there were still bound to get them sooner or later.
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11-14-2008, 11:29 AM | #3 | |
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Quote:
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11-14-2008, 12:02 PM | #4 |
I used to be Dragoneye...
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Contracted or not...that's not going to look good to the public.
Here's GM doing the legwork getting the public aware of the situation, Ford reshaping itself to appeal to the gov't when it does make a decison.....and Chrysler...giving out executive bonuses while slicing jobs. yeah...that'll go over real great. |
11-14-2008, 12:23 PM | #5 | |
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the big 3 is a fail...not just chrysler...\ but yea EPIC FAIL chrysler! |
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11-14-2008, 12:28 PM | #6 |
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Hopefully the loan will have some pretty clear provisions which will put a stop to executive compensation which is above and beyond their salary.
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11-14-2008, 12:32 PM | #7 |
I used to be Dragoneye...
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actually...he's only pulling in $2.2 mil in 2007 not including his stock (which has to suck right now)...
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11-14-2008, 12:33 PM | #8 | |
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11-14-2008, 12:35 PM | #9 |
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What??!! Earn what you make? What a concept! Why that will revolutionize the banking industry! /sarcasm off....
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11-14-2008, 01:58 PM | #10 | |
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I have another picture for Chrysler.
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11-14-2008, 01:58 PM | #11 |
Blessed
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In this case, they aren't being compensated for anything other than staying with the company. If we can blame GM for entering into bad contracts with the unions, then we can apply the same logic to Chrysler for dumb incentives to execs. A contract's a contract.
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11-14-2008, 02:01 PM | #12 | |
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11-14-2008, 02:09 PM | #13 |
Blessed
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That's kinda my point.... If they offered it to me.... I'd probably make em pay up... Maybe. Now, if I can save 1,000 jobs for a year if I don't take the bonus, and can guarantee that my unclaimed money will do exactly that.... I may not take it..
But that is just me. The bottom line is. I'd have every right to take that money if they were dumb enough to sign the contract.
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11-14-2008, 02:31 PM | #14 | |
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