"Boater" wrote in message
...
Eisboch wrote:
"Don White" wrote in message
...


Grossly overpaid incompetent management. Unbelieveable the compensation
packages they receive while the industry heads for the dumpster.


Maybe. But they are under a contract to be paid it, just like the
members of the UAW employees.

As horrifying and ridiculous as it is, it only becomes an issue when
times are tough. When GM was making money hand over fist, nobody cared
what the top management made. That's also when the employment contracts
were written.

I am not saying it's right. It's just a matter of fact. In good times
the shareholders want the best management their money can buy to maximize
their return on investment. In bad times they just want good
management.

Eisboch


You think there is a connection between "the best management" and the
astronomical deals many of these execs get? I don't.

My point was that nobody complained when times were good.

Eisboch