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The immorality of the private sector continues...
"H the K" wrote in message m... jps wrote: On Mon, 10 Aug 2009 11:00:43 -0700 (PDT), Frogwatch wrote: On Aug 10, 1:08 pm, H the K wrote: ...unabated, with another example of greedy corporate executives at a bankrupt company making a grab for big bonuses while axing hundreds of employees and freezing wages for many others. That's what the Tribune Co. executives are doing as the multimedia conglomerate sinks under the weight of $13 billion in debt incurred by its corporate leaders in 2007. And they want to keep the bonuses a big secret, the AFL-CIO reports. The company filed for Chapter 11 protection last December and, in its most recent action, is seeking court permission to dole out nearly $70 million in executive bonuses. The company also requested the court seal much of the request. The request was denied. The Newspaper Guild-CWA and the Teamsters, which represent employees at the Tribune-owned Baltimore Sun and WPIX-TV in New York, has asked the U.S. Bankruptcy Court in Delaware to block the company’s plan to pay up to $69.9 million in executive bonus this year, including $20.6 million to the 10 top managers (about $2 million each). Some 700 other managers would share in the bonus booty. While the Tribune Co. is coddling its execs and managers with bonuses, its attitude toward employees was starkly demonstrated in late April when the Baltimore Sun laid off 61 newsroom employees, one-third of its news-gathering operation. So HK wants state run media, no surprise there. And you'd prefer complete anarchy and no government at all. I just love it when pea-brain righties like Bilious Bill think they know what I want. My post was about the immorality of paying big bonuses to execs when you are laying off peons. I know what you want. Cradle to grave coddling by your union and the government. I think the stockholders should sue the BOD's for fiduciary malfeasance. In this case of the Tribune, and AIG and all the brokerage houses and banks. Make the BOD have to come up with the money. |
The immorality of the private sector continues...
Just John II wrote:
On Mon, 10 Aug 2009 15:36:31 -0400, NotNow wrote: Just John II wrote: On Mon, 10 Aug 2009 14:39:57 -0400, NotNow wrote: Frogwatch wrote: On Aug 10, 1:08 pm, H the K wrote: ...unabated, with another example of greedy corporate executives at a bankrupt company making a grab for big bonuses while axing hundreds of employees and freezing wages for many others. That's what the Tribune Co. executives are doing as the multimedia conglomerate sinks under the weight of $13 billion in debt incurred by its corporate leaders in 2007. And they want to keep the bonuses a big secret, the AFL-CIO reports. The company filed for Chapter 11 protection last December and, in its most recent action, is seeking court permission to dole out nearly $70 million in executive bonuses. The company also requested the court seal much of the request. The request was denied. The Newspaper Guild-CWA and the Teamsters, which represent employees at the Tribune-owned Baltimore Sun and WPIX-TV in New York, has asked the U.S. Bankruptcy Court in Delaware to block the company’s plan to pay up to $69.9 million in executive bonus this year, including $20.6 million to the 10 top managers (about $2 million each). Some 700 other managers would share in the bonus booty. While the Tribune Co. is coddling its execs and managers with bonuses, its attitude toward employees was starkly demonstrated in late April when the Baltimore Sun laid off 61 newsroom employees, one-third of its news-gathering operation. So HK wants state run media, no surprise there. Harry wants NO checks and balances. He wants everything and anything run by the government. Some here are just the opposite. They don't want the government to put any restrictions on any company or entity. Both are very bad for the country for obvious reasons. I'm surprised. I've noticed no one here who wants not restrictions on any company or entity. Could you back that statement up at all? -- John H All decisions, even those made by liberals, are the result of binary thinking. Hell, it's the Republican mantra!!! Get government out of industry. Make the government quit restricting business. You said, "Some here are just the opposite. They don't want the government to put any restrictions on any company or entity." That was the statement in question. Can you back up that statement? -- John H All decisions, even those made by liberals, are the result of binary thinking. Yes, just as easily as you can back up statements you've made about liberals. You blindly lump every single liberal together. I don't think like, nor want the same things that some other liberals might want. So, if it's okay for you to do it about liberals, it's okay for me to do it about conservatives, correct? |
The immorality of the private sector continues...
Calif Bill wrote:
"H the K" wrote in message m... jps wrote: On Mon, 10 Aug 2009 11:00:43 -0700 (PDT), Frogwatch wrote: On Aug 10, 1:08 pm, H the K wrote: ...unabated, with another example of greedy corporate executives at a bankrupt company making a grab for big bonuses while axing hundreds of employees and freezing wages for many others. That's what the Tribune Co. executives are doing as the multimedia conglomerate sinks under the weight of $13 billion in debt incurred by its corporate leaders in 2007. And they want to keep the bonuses a big secret, the AFL-CIO reports. The company filed for Chapter 11 protection last December and, in its most recent action, is seeking court permission to dole out nearly $70 million in executive bonuses. The company also requested the court seal much of the request. The request was denied. The Newspaper Guild-CWA and the Teamsters, which represent employees at the Tribune-owned Baltimore Sun and WPIX-TV in New York, has asked the U.S. Bankruptcy Court in Delaware to block the company’s plan to pay up to $69.9 million in executive bonus this year, including $20.6 million to the 10 top managers (about $2 million each). Some 700 other managers would share in the bonus booty. While the Tribune Co. is coddling its execs and managers with bonuses, its attitude toward employees was starkly demonstrated in late April when the Baltimore Sun laid off 61 newsroom employees, one-third of its news-gathering operation. So HK wants state run media, no surprise there. And you'd prefer complete anarchy and no government at all. I just love it when pea-brain righties like Bilious Bill think they know what I want. My post was about the immorality of paying big bonuses to execs when you are laying off peons. I know what you want. Cradle to grave coddling by your union and the government. I think the stockholders should sue the BOD's for fiduciary malfeasance. In this case of the Tribune, and AIG and all the brokerage houses and banks. Make the BOD have to come up with the money. All without getting off of his fat ass and making it for himself. |
The immorality of the private sector continues...
On Tue, 11 Aug 2009 09:45:10 -0400, NotNow wrote:
Just John II wrote: On Mon, 10 Aug 2009 15:36:31 -0400, NotNow wrote: Just John II wrote: On Mon, 10 Aug 2009 14:39:57 -0400, NotNow wrote: Frogwatch wrote: On Aug 10, 1:08 pm, H the K wrote: ...unabated, with another example of greedy corporate executives at a bankrupt company making a grab for big bonuses while axing hundreds of employees and freezing wages for many others. That's what the Tribune Co. executives are doing as the multimedia conglomerate sinks under the weight of $13 billion in debt incurred by its corporate leaders in 2007. And they want to keep the bonuses a big secret, the AFL-CIO reports. The company filed for Chapter 11 protection last December and, in its most recent action, is seeking court permission to dole out nearly $70 million in executive bonuses. The company also requested the court seal much of the request. The request was denied. The Newspaper Guild-CWA and the Teamsters, which represent employees at the Tribune-owned Baltimore Sun and WPIX-TV in New York, has asked the U.S. Bankruptcy Court in Delaware to block the company’s plan to pay up to $69.9 million in executive bonus this year, including $20.6 million to the 10 top managers (about $2 million each). Some 700 other managers would share in the bonus booty. While the Tribune Co. is coddling its execs and managers with bonuses, its attitude toward employees was starkly demonstrated in late April when the Baltimore Sun laid off 61 newsroom employees, one-third of its news-gathering operation. So HK wants state run media, no surprise there. Harry wants NO checks and balances. He wants everything and anything run by the government. Some here are just the opposite. They don't want the government to put any restrictions on any company or entity. Both are very bad for the country for obvious reasons. I'm surprised. I've noticed no one here who wants not restrictions on any company or entity. Could you back that statement up at all? -- John H All decisions, even those made by liberals, are the result of binary thinking. Hell, it's the Republican mantra!!! Get government out of industry. Make the government quit restricting business. You said, "Some here are just the opposite. They don't want the government to put any restrictions on any company or entity." That was the statement in question. Can you back up that statement? -- John H All decisions, even those made by liberals, are the result of binary thinking. Yes, just as easily as you can back up statements you've made about liberals. You blindly lump every single liberal together. I don't think like, nor want the same things that some other liberals might want. So, if it's okay for you to do it about liberals, it's okay for me to do it about conservatives, correct? In other words, "No." You can't back it up because it was a bull**** statement. Bye. -- John H All decisions, even those made by liberals, are the result of binary thinking. |
The immorality of the private sector continues...
Just John II wrote:
On Tue, 11 Aug 2009 09:45:10 -0400, NotNow wrote: Just John II wrote: On Mon, 10 Aug 2009 15:36:31 -0400, NotNow wrote: Just John II wrote: On Mon, 10 Aug 2009 14:39:57 -0400, NotNow wrote: Frogwatch wrote: On Aug 10, 1:08 pm, H the K wrote: ...unabated, with another example of greedy corporate executives at a bankrupt company making a grab for big bonuses while axing hundreds of employees and freezing wages for many others. That's what the Tribune Co. executives are doing as the multimedia conglomerate sinks under the weight of $13 billion in debt incurred by its corporate leaders in 2007. And they want to keep the bonuses a big secret, the AFL-CIO reports. The company filed for Chapter 11 protection last December and, in its most recent action, is seeking court permission to dole out nearly $70 million in executive bonuses. The company also requested the court seal much of the request. The request was denied. The Newspaper Guild-CWA and the Teamsters, which represent employees at the Tribune-owned Baltimore Sun and WPIX-TV in New York, has asked the U.S. Bankruptcy Court in Delaware to block the company’s plan to pay up to $69.9 million in executive bonus this year, including $20.6 million to the 10 top managers (about $2 million each). Some 700 other managers would share in the bonus booty. While the Tribune Co. is coddling its execs and managers with bonuses, its attitude toward employees was starkly demonstrated in late April when the Baltimore Sun laid off 61 newsroom employees, one-third of its news-gathering operation. So HK wants state run media, no surprise there. Harry wants NO checks and balances. He wants everything and anything run by the government. Some here are just the opposite. They don't want the government to put any restrictions on any company or entity. Both are very bad for the country for obvious reasons. I'm surprised. I've noticed no one here who wants not restrictions on any company or entity. Could you back that statement up at all? -- John H All decisions, even those made by liberals, are the result of binary thinking. Hell, it's the Republican mantra!!! Get government out of industry. Make the government quit restricting business. You said, "Some here are just the opposite. They don't want the government to put any restrictions on any company or entity." That was the statement in question. Can you back up that statement? -- John H All decisions, even those made by liberals, are the result of binary thinking. Yes, just as easily as you can back up statements you've made about liberals. You blindly lump every single liberal together. I don't think like, nor want the same things that some other liberals might want. So, if it's okay for you to do it about liberals, it's okay for me to do it about conservatives, correct? In other words, "No." You can't back it up because it was a bull**** statement. Bye. -- John H All decisions, even those made by liberals, are the result of binary thinking. Don't put words in my mouth, John. You know damned good and well that you've never said anything good here about anyone that doesn't fit that very narrow mold of conservatism. Likewise you if anyone says anything about something liberal, it's instantly bad and you fit THEM into a very narrow mold too. I'm pretty lucky that I can think outside of the lines and make informative decisions based on what I want for my country and family, not what some conservative talk show idiot or politician wants. |
The immorality of the private sector continues...
On Mon, 10 Aug 2009 13:08:05 -0400, H the K
wrote: ...unabated, with another example of greedy corporate executives at a bankrupt company making a grab for big bonuses while axing hundreds of employees and freezing wages for many others. That's what the Tribune Co. executives are doing as the multimedia conglomerate sinks under the weight of $13 billion in debt incurred by its corporate leaders in 2007. And they want to keep the bonuses a big secret, the AFL-CIO reports. The company filed for Chapter 11 protection last December and, in its most recent action, is seeking court permission to dole out nearly $70 million in executive bonuses. The company also requested the court seal much of the request. The request was denied. The Newspaper Guild-CWA and the Teamsters, which represent employees at the Tribune-owned Baltimore Sun and WPIX-TV in New York, has asked the U.S. Bankruptcy Court in Delaware to block the company’s plan to pay up to $69.9 million in executive bonus this year, including $20.6 million to the 10 top managers (about $2 million each). Some 700 other managers would share in the bonus booty. While the Tribune Co. is coddling its execs and managers with bonuses, The Tribune is unable to make those disbursements without the court's approval under Chapter 11 restructuring. That is not "coddling," especially if the request is refused. The company is complying with their restructuring plan if it has taken the appropriate steps in seeking the court's approval. The propaganda will just never stop. -- Posted via NewsDemon.com - Premium Uncensored Newsgroup Service -------http://www.NewsDemon.com------ Unlimited Access, Anonymous Accounts, Uncensored Broadband Access |
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