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.

"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

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.