[guidogodoy] Thursday, December 18, 2008 2:15:02 PM
Oh, you KNOW MM is right. Finance plays all sorts of games to show a profit by "mergers" and "acquisitions" of failing businesses (false profit...heh....) and most have a guaranteed bonus written right into their contracts. Signing bonus along the lines of Pro sports athletes (and I STILL want to be an NBA star...I have DRIVE, man!). I could cite a hundred examples from the tech industry. CEOs that were given insane amounts of money with absolutely NO audits / checks of any kind. As long as they were in the black by the end of the fiscal year was it. Fantasy "black" as it turned out but that is what has helped lead this country to the mess it is in right now in the first place, IMO.
Sorry, this Detroit kid knows too many that will be shut out of work with the Chrysler shutdown and GM / Ford isn't doing much better as per my friends who actually work the line. UNIONS hurt them big-time as it pushes industry to Mexico (thank you NAFTA) to produce most of an auto, rush it across the border, put a steering wheel on it and call it "American." That Union message is a pretty constant message from my friends. However, the upper-admin isn't doing much to help. Especially when you are dealing with freezing cold temps in MI and heating prices going through the roof. Very sad. Edited at: Thursday, December 18, 2008 2:24:03 PM
