🚀 go-pugleaf

On 10 Jul 1998 08:03:50 -0500, Stockman_Editorial <rabbitears@ag.net>
wrote:

>Do a search on the stock quote area and check out the bonuses the top 
>executives have been giving themselves at the expense of those under 
>them. How would you like to make $400000 in one day on options?

It's not at the expense of those under them.  GM is in the business to
make money.  Therefore, GM is going to pay more to those who made
decisions that increase the shareholders' value.  Sometimes, it is
necessary to hire additional employees.  Other times, it is necessary
to get rid of employees in divisions which aren't as profitable as
they could be.

There is nothing wrong with paying someone extra to reorganize a
company, even if it means they are firing a lot of people.  Companies
don't exist to hire people: they only hire people if it's profitable.




--
George M. Regnery | Want to know more about a company (public or private,
------------------+ foreign or domestic) such as its stock price, who's
in charge, court cases, etc?  Then check out my web site dedicated to
researching corporations: http://www.corporateinformation.com