"jps" wrote in message
...
On Fri, 30 Jan 2009 16:33:17 -0500, "Eisboch"
wrote:

In my mind, you are entitled to whatever amount of financial reward that
you
can honestly earn.

What you do with your financial reward is a different subject.

Eisboch

Do you consider honestly is defined by legality or some other measure?

I can tell you that the year Michael Eisner gave himself $500M out of
Disney was a good year for Disney and Eisner did have a huge hand in
Disney's revival.

But it was glutinous and a horrible precedent to set.

The greedy assholes who get paid enormous sums to ride a company into
the ground don't have a moral or ethical leg to stand on, but for now
at least, it's still legal.

Is that what you consider honest?

Not intended as a slight to you, I'm truly interested.


That's a tough question to answer because who is qualified to assign
morality to a number?
I am not. I don't think you are either. You may have an opinion, as well
as I, but I'll bet the numbers are different.

"Honest" to me means that you earned what you did legally AND did not take
advantage of or gain your success at the expense of someone else. You run
a business. You must have heard the corny cliché about the best contract is
one that is fair to each party.

Eisboch

On Fri, 30 Jan 2009 17:22:11 -0500, "Eisboch"
wrote:


"jps" wrote in message
.. .
On Fri, 30 Jan 2009 16:33:17 -0500, "Eisboch"
wrote:

In my mind, you are entitled to whatever amount of financial reward that
you
can honestly earn.

What you do with your financial reward is a different subject.

Eisboch

Do you consider honestly is defined by legality or some other measure?

I can tell you that the year Michael Eisner gave himself $500M out of
Disney was a good year for Disney and Eisner did have a huge hand in
Disney's revival.

But it was glutinous and a horrible precedent to set.

The greedy assholes who get paid enormous sums to ride a company into
the ground don't have a moral or ethical leg to stand on, but for now
at least, it's still legal.

Is that what you consider honest?

Not intended as a slight to you, I'm truly interested.


That's a tough question to answer because who is qualified to assign
morality to a number?
I am not. I don't think you are either. You may have an opinion, as well
as I, but I'll bet the numbers are different.

"Honest" to me means that you earned what you did legally AND did not take
advantage of or gain your success at the expense of someone else. You run
a business. You must have heard the corny cliché about the best contract is
one that is fair to each party.

Eisboch

Contracts between business entities aren't usually fair but there's an
attempt to distribute the potential pain reasonably.

Employment agreements, specifically those negotiated with a BOD's
compensation committee are done in the spirit of friendly accord with
folks who run in the same circles. They look out for one another. In
that case, I think the board likely serves the needs of the executives
over the needs of the company and shareholders.

That's what happened with Eisner and what happens with each of these
greedy *******s whose self-worth is measured against other egotistical
buffoon's compensation. It has spiraled out of control.

$500,000,000 could pay 10,000 people $50K/yr. Is one person worth
that much in other than a fantasy world? F-No. It's as Obama has
described it, shameless.