Help Our UAL Friends

In article .com,
"Robert M. Gary" wrote:

Shall we also talk about "unrealistic" management compensation packages?

Who cares? The owners of the company (elected board of directors)
decided what was necessary to pay the execs. Its not like there are
execs out there waiting to be hired. Execs that can run a large company
are like NFL quarterbacks. There aren't many of them and they demand a
high package or they'll just go somewhere else. The owners of the
company have to decide how much they are willing to pay them. What the
owners decided to pay their execs is none of the employees business.
The purpose of the company is to return value to shareholders (owners)
**NOT** to provide employement. If you don't like it, there are still
some communist countries out there for you to choose from.

-Robert

I'm not so sure that execs are that rare -- so many of them screw up so
many times and, then go off to other companies and ruin them, too.

The boards of directors appear to have an incestuous relationship with
each other and with other companies, allowing the above phenomenon.

Case in point: TWA cancelled the NY-Frankfort run because "the load
factor showed no increase." Fact is, the load factor was 100% and could
not increase!

What company needs 17 levels of vice president, including "vice
president of wines and cheeses?"