Re: Or To Rephrase in http://www.dslreports.com/forum/r10168427 en Sun, 29 Nov 2009 00:41:23 EDT Sun, 29 Nov 2009 00:41:23 EDT Re: Or To Rephrase http://www.dslreports.com/forum/remark,10169175 ackman :
said by garagerock See Profile:
It's all about a return to the glory days of 1980's capitalism...acquire, dissect, crash and burn, bankruptcy, get out and collect millions...taking all of the employees who built the company in the first place with them. (or sending their jobs to India)


The American way of business perfectly summarized]]> http://www.dslreports.com/forum/remark,10169175 Thu, 06 May 2004 12:21:19 EDT Re: Or To Rephrase http://www.dslreports.com/forum/remark,10168427 garagerock : It's all about a return to the glory days of 1980's capitalism...acquire, dissect, crash and burn, bankruptcy, get out and collect millions...taking all of the employees who built the company in the first place with them. (or sending their jobs to India)]]> http://www.dslreports.com/forum/remark,10168427 Thu, 06 May 2004 10:39:46 EDT Or To Rephrase http://www.dslreports.com/forum/remark,10168371 AthlGrond :
quote:
The company apparently paid Nacchio a $15 million severance package on his way out, continues to pony up consulting fees, and will provide him with 10 years worth of free long-distance and phone service as apparent thanks for a job well done.
Or as a thanks for not fighting when we replaced you.

How much of this kind of thing is just paying for something to go away, and how much is it friends paying friends? Does anyone know how many of the board members where Nacchio's golf buddies?
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System protected by Impregnable Ignorance (TM)]]> http://www.dslreports.com/forum/remark,10168371 Thu, 06 May 2004 10:32:07 EDT