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Comments
and the skimmers that are getting rich based on ST stock price don't care about the LT health of the company. Profit sharing with the workers that really are the company, building a sustainable organization, those are all looking at the Horizon activities. Not looking at the end of the next quarter.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Never did get to Napa or Sonoma Valleys northeast of San Francisco to stay at the vineyards - on my bucket list.
2021 Genesis G90
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And their defense to the banks’ foreclosure?
“You shouldn’t have loaned us so much money- you should have known we couldn’t pay it back!”
My clients finally prevailed but it was a royal mess, thanks to at least one totally incompetent attorney and an inept bleeding heart judge.
Mine: 1995 318ti Club Sport; 2020 C43; 2021 Sahara 4xe 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i; 2018 330i xDrive
Seriously, if you want to question yourself, I would look at treating other people with respect whether you agree or disagree with them. Not everyone thinks and acts like you do.
We have a great group of posters who are almost always respectful of differing opinions....very few incidents considering the number of posts, it would be better to not say anything than to make negative comments about fellow posters.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
Mine: 1995 318ti Club Sport; 2020 C43; 2021 Sahara 4xe 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i; 2018 330i xDrive
The quality of CEO would probably not deteriorate if they were paid more in line with Japanese amounts.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2017 Cadillac ATS Performance Premium 3.6
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
A CEO is worth a lot if he can make huge profits....but is one person really worth 350 times what a worker is? 50 to 70X more would make more sense.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
Personally I don’t think you can hire a better CEO for $20 million than you could for $1 million but in the end that’s a matter for the shareholders. I think the idea of “fairness” in business is a red herring that leads to equality of poverty.
Off my soapbox now.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
What do you think happened to the executives who cost their investors big bucks with their bad decisions? I bet they aren’t making the big bucks any more. That’s the story that seldom gets told.
Enterprise gives even minimum wage slugs like me a profit sharing bonus. I don’t know if Hertz did the same.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
My favorite is this place.....
http://www.stsupery.com/
Worth a drive up the coast to see the beautiful scenery and sample, what I consider world class wines, along the way. I’d do it tomorrow, without question, if the COVID-19 thing ever subsides.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
Here 3 grocery chains gave their workers an extra $2 an hour as COVID pay - for working during the pandemic. Now there is backlash because people feel the bonus has ended, but, workers are still on the battlefield. Competition Bureau also checking as to why the bonus started and ended, in 3 separate chain stores, at the same time!
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
I have worked under CEOs who I think really were worth big bucks...but, most, well, a monkey probably could have run the company better. Exaggeration, but, they weren't special, anyone could have done what they did, and some were awful....not worth 10% of what they were paid.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2023 Mercedes EQE 350 4Matic / 2022 Ram 1500 Bighorn, Built to Serve
I may not patronize a dealer that tacks ADM stickers on their hot selling models, but I defend their right to do so.
Mine: 1995 318ti Club Sport; 2020 C43; 2021 Sahara 4xe 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i; 2018 330i xDrive
Whenever someone talks about what is a "fair" salary or profit I get a firm grip on my wallet- just like I do when someone professes to tell me what I "need" when it comes to my house, the cars I own, etc.
Mine: 1995 318ti Club Sport; 2020 C43; 2021 Sahara 4xe 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i; 2018 330i xDrive
And I found the pay systems thought up were exceeded only by the politicians' ingenuity in getting themselves money in our capitals.
2014 Malibu 2LT, 2015 Cruze 2LT,
A little later I saw another one in yellow being driven by a female. It looked completely stock.
A red coronet R/T convertible was on a flatbed a few miles later. Looked like a "67. The taillights were the whole was across the back and had about a gazillion vertical chrome bars.
Looked like this only red with a black top.
I looked and Chrysler Nationals was this weekend.
2020 Ascent Limited, 2024 Subaru Legacy Sport
I always liked the round taillights of the '68 Charger better but still prefer the split grille design of the '69. But it's a lot worse not having owned either one.
2020 Ascent Limited, 2024 Subaru Legacy Sport
That's a perjorative term. Like China Virus might be to some.
2014 Malibu 2LT, 2015 Cruze 2LT,
I don't think they were any more greedy than most other companies. A good report though, interesting and nicely explained.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
Not sure if I can buy the "retain talent" ethos of grossly overpaying CEOs that some advocate. Looking at what has become of the socio-economic (and economic mobility) landscape over the past couple generations, something has gone awry. Also amusing to see people born on third base mocking what might be "fair".
2013 LX 570 2016 LS 460
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
Mine: 1995 318ti Club Sport; 2020 C43; 2021 Sahara 4xe 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i; 2018 330i xDrive
Mine: 1995 318ti Club Sport; 2020 C43; 2021 Sahara 4xe 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i; 2018 330i xDrive
You mentioned fairness and business in the same breath, that is the definition of an oxymoron. Fairness is something our parents taught us. I can’t remember the last time I saw it practiced in business.
jmonroe
'17 Chevy Volt Premiere
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
Mine: 1995 318ti Club Sport; 2020 C43; 2021 Sahara 4xe 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i; 2018 330i xDrive
In terms of executive pay, there is a bootstrap effect in play. Compensation committees often hire consultants to provide survey info on comparative salary levels of other CEOs from supposedly comparable companies. In my experience those are easily rigged to give you the result you want, so you can always justify a bigger salary if you want to provide it. Unless the CEO has made enemies on the Board or is grossly inept (which the Board usually doesn't want to admit because they hired the person) they usually want to keep the CEO happy.
2017 Cadillac ATS Performance Premium 3.6
EDIT: I checked to see if it was Car and Driver's test car, but the VIN is different.
I still have a soft spot for the Giulia(probably in my head), but I don't feel like tempting fate. And I'm disappointed that the stability control nannies cannot be totally disabled. More interference with the law of natural selection.
Mine: 1995 318ti Club Sport; 2020 C43; 2021 Sahara 4xe 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i; 2018 330i xDrive
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
Mine: 1995 318ti Club Sport; 2020 C43; 2021 Sahara 4xe 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i; 2018 330i xDrive
Mine: 1995 318ti Club Sport; 2020 C43; 2021 Sahara 4xe 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i; 2018 330i xDrive