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Eisboch November 25th 07 01:07 AM

We celebrated Black Friday...
 

"Short Wave Sportfishing" wrote in message
...


On the other hand, how much is what's his face at Exxon worth who
happened to stumble onto a bubble in oil trading and, basically did
nothing for his upty ump million dollar "bonus"?

It's a tricky question.



It is. I was thinking about it and asked myself this:

If you drive to Foxwoods, sit down at a one-armed bandit, throw in a 25 cent
token and hit the jackpot for a few million, did you earn it? If not,
should you be able to keep it?

Eisboch



Eisboch November 25th 07 01:11 AM

We celebrated Black Friday...
 

"HK" wrote in message
. ..


You're comparing life in Taiwan to life in the PRC? Taiwan, as part of the
ROC, is a democracy and its residents choose their leaders in free
elections. The PRC is a dictatorship.


How about Cuba?

Eisboch



HK November 25th 07 01:25 AM

We celebrated Black Friday...
 
Eisboch wrote:
"HK" wrote in message
. ..

You're comparing life in Taiwan to life in the PRC? Taiwan, as part of the
ROC, is a democracy and its residents choose their leaders in free
elections. The PRC is a dictatorship.


How about Cuba?

Eisboch




In relation to what? Cuba is a dictatorship.

Eisboch November 25th 07 01:26 AM

We celebrated Black Friday...
 

"HK" wrote in message
. ..
Eisboch wrote:
"HK" wrote in message
. ..

You're comparing life in Taiwan to life in the PRC? Taiwan, as part of
the ROC, is a democracy and its residents choose their leaders in free
elections. The PRC is a dictatorship.


How about Cuba?

Eisboch



In relation to what? Cuba is a dictatorship.


Sorry. Cuba in terms of buying their products or produce.

Eisboch



Short Wave Sportfishing November 25th 07 01:29 AM

We celebrated Black Friday...
 
On Sat, 24 Nov 2007 20:07:21 -0500, "Eisboch"
wrote:


"Short Wave Sportfishing" wrote in message
.. .


On the other hand, how much is what's his face at Exxon worth who
happened to stumble onto a bubble in oil trading and, basically did
nothing for his upty ump million dollar "bonus"?

It's a tricky question.


It is. I was thinking about it and asked myself this:

If you drive to Foxwoods, sit down at a one-armed bandit, throw in a 25 cent
token and hit the jackpot for a few million, did you earn it? If not,
should you be able to keep it?


Interesting question.

If you earned the .25¢ and used it to take the gamble to win a million
dollars, then I'd say yes.

In the case of what's his face, his bonus was based solely on forces
quite beyond his control. He benefited from activities not directly
under his control.

Now, if he was paid his agreed upon amount for good performance as CEO
and the windfall amount spread amoung the shareholders as a dividend,
then I wouldn't have a problem.

Eisboch November 25th 07 01:33 AM

We celebrated Black Friday...
 

"Short Wave Sportfishing" wrote in message
...


If you earned the .25¢ and used it to take the gamble to win a million
dollars, then I'd say yes.

In the case of what's his face, his bonus was based solely on forces
quite beyond his control. He benefited from activities not directly
under his control.

Now, if he was paid his agreed upon amount for good performance as CEO
and the windfall amount spread amoung the shareholders as a dividend,
then I wouldn't have a problem.




Let's say you found the 25 cent token on the floor. What say you then?

I am not familiar with this Exxon dude or his story, but I am sure he was
hired with a contract.
I'd agree, an unearned windfall is not morally his, but contractually it
probably is.

Eisboch



Short Wave Sportfishing November 25th 07 01:40 AM

We celebrated Black Friday...
 
On Sat, 24 Nov 2007 20:33:20 -0500, "Eisboch"
wrote:


"Short Wave Sportfishing" wrote in message
.. .


If you earned the .25¢ and used it to take the gamble to win a million
dollars, then I'd say yes.

In the case of what's his face, his bonus was based solely on forces
quite beyond his control. He benefited from activities not directly
under his control.

Now, if he was paid his agreed upon amount for good performance as CEO
and the windfall amount spread amoung the shareholders as a dividend,
then I wouldn't have a problem.


Let's say you found the 25 cent token on the floor. What say you then?


Good point.

"Finder's keepers, loser's weepers"? :)

I am not familiar with this Exxon dude or his story, but I am sure he was
hired with a contract.
I'd agree, an unearned windfall is not morally his, but contractually it
probably is.


Also good points.

It's a pretty complex issue.

Eisboch November 25th 07 01:55 AM

We celebrated Black Friday...
 

" JimH" ask wrote in message
...


Obscene salaries are obscene.......period. It does not matter if they go
to janitors or CEO's.


Or athletes.

Eisboch



BAR November 25th 07 02:38 AM

We celebrated Black Friday...
 
JimH wrote:
"Short Wave Sportfishing" wrote in message
...
On Sat, 24 Nov 2007 20:33:20 -0500, "Eisboch"
wrote:

"Short Wave Sportfishing" wrote in message
...

If you earned the .25¢ and used it to take the gamble to win a million
dollars, then I'd say yes.

In the case of what's his face, his bonus was based solely on forces
quite beyond his control. He benefited from activities not directly
under his control.

Now, if he was paid his agreed upon amount for good performance as CEO
and the windfall amount spread amoung the shareholders as a dividend,
then I wouldn't have a problem.
Let's say you found the 25 cent token on the floor. What say you then?

Good point.

"Finder's keepers, loser's weepers"? :)

I am not familiar with this Exxon dude or his story, but I am sure he was
hired with a contract.
I'd agree, an unearned windfall is not morally his, but contractually it
probably is.

Also good points.

It's a pretty complex issue.


Obscene salaries are obscene.......period. It does not matter if they go to
janitors or CEO's.


Why?

HK November 25th 07 02:53 AM

We celebrated Black Friday...
 
Eisboch wrote:
"HK" wrote in message
. ..
Eisboch wrote:
"HK" wrote in message
. ..
You're comparing life in Taiwan to life in the PRC? Taiwan, as part of
the ROC, is a democracy and its residents choose their leaders in free
elections. The PRC is a dictatorship.
How about Cuba?

Eisboch


In relation to what? Cuba is a dictatorship.


Sorry. Cuba in terms of buying their products or produce.

Eisboch



I could be wrong, but I don't believe we buy products from Cuba. Just
another example of idiotic U.S. foreign policy. China, OK. Cuba, not OK.


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