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.