dslreports logo
site
spacer

spacer
 
    All Forums Hot Topics Gallery
spc

spacer




how-to block ads


view:
topics flat nest 
Comments on news posted 2009-07-08 16:10:28: Ok, sure, Charter Communications hasn't been profitable since the company went public in 1999, posted a $2. ..

page: 1 · 2 · 3 · next

qworster

join:2001-11-25
Bryn Mawr, PA

$hit floats!

That's about it....

ender7074

join:2006-11-21
Saint Louis, MO

No suprise

Charter has a well earned reputation for paying large sums of money to complete morons that only excel at making things worse instead of better. On top of that, after they jack things up beyond belief, they get fired and paid millions. I'm glad I jumped off of that sinking ship years ago. Idiots at the wheel -- the Charter moto.
--
Does Microsoft mean small and squishy?


DaSneaky1D
what's up
Premium,MVM
join:2001-03-29
The Lou
So, how do you really feel about those running Charter?

DoubleK
Doublek

join:2003-03-04
Beloit, WI

Not suprising when you sign your own paycheck.

I am glad that my Charter HSI has been flawless the last 18 months.

I am equally as glad AT&T is out in force today preparing UVerse which may not compete with DishNet ooooooooon the TV side but will give me options if Charter HSI starts that sucking sound again.


DataRiker
Premium
join:2002-05-19
00000

2 recommendations

Unchecked greed

wow, just wow. This is everything that is wrong with America.


morbo
Complete Your Transaction

join:2002-01-22
00000

Pay for performance is just for the little fish, eh?

Where is the logic in doubling this guy's salary? I know it's the titanic he's driving, but still. That is pretty dumb even for Charter.


anon51

@rr.com

Paid for failure

This is also true for Time Warner Cable. Their CEO's compensation was almost double that amount. During that time, the service and offerings went downhill fast.
It seems the more of a MORON you are, the higher the salary you get.
Welcome to America !!!!


rudnicke
Premium
join:2004-10-23
Rantoul, IL
kudos:4

CEO's

Another one of America's dumba** CEO's. Brainless idiots.

matrix3D

join:2006-09-27
Middletown, CT

1 edit

1 recommendation

reply to ender7074

Re: No suprise

I don't know much about Charter, but from a general point of view I have to question what the f*ck this country has come to when we reward complete idiots for failure. What's next? People getting into the National Honor Society for a full semester of D's and F's?

It's not wonder things are so bad today when we have morons running the big corporations, morons running the small businesses, morons in the House and Senate, and morons in the White House.


cabana
Department of Adjustments
Premium,Mod
join:2000-07-07
New York, NY
reply to rudnicke

Re: CEO's

They do it ... because they can...


ToxicDrew
Premium
join:2001-09-24

2 edits

1 recommendation

reply to rudnicke
said by rudnicke:

Another one of America's dumba** CEO's. Brainless idiots.
Actually I would reconsider you're statement. If he's so dumb why is he making $7.4 million dollars?! I'd say he's fu***ing brilliant
BTW: Does the CEO get a discount on Charter services?
--
dream your dreams with open eyes and make them come true...


thender
Screen tycoon
Premium
join:2009-01-01
Brooklyn, NY
kudos:1

My stock went from $3.75 to $0.15

But as long as he makes his money.

wvcaver
Premium
join:2005-04-17
Millersburg, OH

I will be CEO

I would like to be CEO and I will only charge them 1 MIL. a year
and they will still loose $$$$$$$ but they will save 6 MIL. +

Sounds like a win win for me and Charter !


en102
Canadian, eh?

join:2001-01-26
Valencia, CA
reply to qworster

Re: $hit floats!

Lets see... they paid him $7.4 mil in CASH, and the companies market cap is $9.08 mil. All I can say is WTF! Are they stupid!
--
Canada = Hollywood North

radougherty

join:1999-07-23
Austin, TX
Reviews:
·Time Warner Cable

2 edits

1 recommendation

Too much inbreeding

And who determines these salaries, other members of the board of directors that are on the compensation commitee. These other members usually are other senior exec's of other companies, so when they can pay someone this amount of money for failing they can go to their boards and say I'm worth a lot more then that, I didn't loose any money and they get it.


KrK
Heavy Artillery For The Little Guy
Premium
join:2000-01-17
Tulsa, OK
reply to en102

Re: $hit floats!

Yes. They are.


dadkins
Can you do Blu?
Premium,MVM
join:2003-09-26
Hercules, CA
kudos:18

1 recommendation

Look at the pic

Is that a shit-eating grin or what?

sonicmerlin

join:2009-05-24
Cleveland, OH
kudos:1

1 edit

Problem

Of course this is the reason corporate apologists who argue for corporations' "rights" drive me nuts. An entity not recognized in the constitution, derived entirely through legislation at the federal level, which allows the individuals involved to be completely responsible-free if the company fails, does *not* have the "right" to make as much profit as possible at the expense of the consumer.

The whole purpose of creating corporations was to encourage investment, bold leadership, and intelligent risk taking that along with strong competition would jump-start innovation in nearly every industry. So much for the American dream.


pizz
1gbps is all the rage.
Premium
join:2000-10-27
Astoria, NY

I wonder where is..

The resident Cable Company defense team? Usually when Karl posts an article like this, they come out in full-defense mode. very very interesting.
--
The more you talk, the less you listen.

ender7074

join:2006-11-21
Saint Louis, MO
reply to ToxicDrew

Re: CEO's

You bet. All employees get at least cable and internet for free. We didnt get phone when I worked there.
--
Does Microsoft mean small and squishy?


POB
Res Firma Mitescere Nescit
Premium
join:2003-02-13
Stepford, CA
reply to sonicmerlin

Re: Problem

said by sonicmerlin:

[...] So much for the American dream.
It's called the American dream because you have to be asleep to believe it.

ender7074

join:2006-11-21
Saint Louis, MO
reply to pizz

Re: I wonder where is..

Hey, I liked Charter's service. It was as good as my satellite and didn't go out when it rained and the HSI kicks the shit out of AT&T's joke of an internet connection. I got no problem with the service. It's just the morons that run the place that I have a problem with.
--
Does Microsoft mean small and squishy?

ender7074

join:2006-11-21
Saint Louis, MO
reply to DaSneaky1D

Re: No suprise

After spending 4 years in that circus... I'm really toning the language down about how bad that place is.
--
Does Microsoft mean small and squishy?


hopeflicker
Capitalism breeds greed
Premium
join:2003-04-03
Long Beach, CA
kudos:1

Failure

Reward for failure?
Sounds like a good business plan


FFH5
Premium
join:2002-03-03
Tavistock NJ
kudos:5

3 edits
reply to morbo

Re: Pay for performance is just for the little fish, eh?

said by morbo:

Where is the logic in doubling this guy's salary? I know it's the titanic he's driving, but still. That is pretty dumb even for Charter.
As a stockholder in many companies I don't want to see overpaid execs even more so than many people here that hate corporations.

BUT, please remember that Charter probably didn't have any choice in what they paid the CEO in 2008. When he was hired the company signed a CONTRACT with his compensation no doubt laid out in pages of excruciating detail and checked over by a group of lawyers hired by Smit. They had a choice when negotiating the contract, but after that their hands are tied.

So, don't look for logic when trying to understand why an under-performing company doubled a CEO's salary after a bad year. That ship no doubt sailed before 2008 results were known.

What is needed are Boards of Directors that negotiate CONTRACTS that are tied much more tightly to meeting profit goals and not just the desire to get a so-called superstar CEO. And there should be terms that allow firing without any golden parachutes if the goals aren't met.

Will that mean, the Board won't always get the person they want? YES!! But if more Boards followed this practice, then prices will come down on CEO salaries and more accountability will be in the contracts.
--
My BLOG .. .. Internet News .. .. My Web Page


MSauk
MSauk
Premium
join:2002-01-17
Sandy, UT
reply to radougherty

Re: Too much infreeding

man why can't I get sweet jobs like this?


David
I start new work on
Premium,VIP
join:2002-05-30
Granite City, IL
kudos:101

That's it... I QUIT!!!

I will quit answering posts....

Man I thought being a good tech was worth something. Apparently I am in the wrong profession.


KrK
Heavy Artillery For The Little Guy
Premium
join:2000-01-17
Tulsa, OK
reply to pizz

Re: I wonder where is..

said by pizz:

The resident Cable Company defense team? Usually when Karl posts an article like this, they come out in full-defense mode. very very interesting.
Well... it is Charter we're talking about after all.
--
"Fascism should more properly be called corporatism because it is the merger of state and corporate power." -- Benito Mussolini

gorehound

join:2009-06-19
Portland, ME
reply to qworster

Re: $hit floats!

why dont i get payed out millions ?????

big businesss is a real sick thing.one more example of stupidity and greed.

this system is broke and it needs fixing !!!!


SteveCon
IBEW 2222 Boston, MA
Premium
join:2004-09-02
Boston, MA

How much...

...would they pay this guy if Charter actually turned a profit?? Did they double the wages of all of Charter's employees, too?
--
UNIONS: The anti-theft device for working people.