“You made $11 million last year, you just fired 10,000 employees, and you got a 36% raise this year.”
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Goodyear’s CEO was just reported last week as earning 17 million last year. This after 5 yeras of firing employees and now cutting off health benefits.
What else is new? You can look at most large companies, and you’ll see the same story. And when they fire those guys for bad performance or push them to early retirement, they give them a huge “golden parachute”.
Don’t want to name my company, even anonymously, but in the 80s, early 90s, they had a CEO who almost drove it into the ground with his stupidity. During the same time he gave himself around 20% raises three years in a row. None of us got any raises during those years. When they finally got rid of him, he got really nice chunk of money as a parting gift. Oh, the reason they got rid of him was that he came up with the brilliant plan to break the company up into competitive units. Somebody made a joke of inviting Gorbachev to replace this guy because of the experience in breaking up a conglomerate.
And yet doctors back tort reform for these guys. Amazing.
What’s this have to do with tort reform CJD? Ohh nothing. Why let reality interfere with your rants CJD
You must not have read any of the legislation you were backing. Drug companies and medical device makers get the same protection.
Seriously, open your eyes.
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