rradina
join:2000-08-08
Chesterfield, MO | reply to ninjatutle
Re: Repo time I think we should raid their houses. I'm sure the key leaders at the company have made millions and millions of dollars. Although a drop in the bucket compared to the billions Charter owes creditors, anyone who makes millions of dollars should be on the hook to perform. If they don't perform, they have to give most of it back.
I'm not saying these people aren't talented and don't deserve to leverage their skills to become rich. I just think there should be regulation that ultimately ties their prosperity to the long term performance of the company. NOTE I said long term performance! I'm tired of Joe CEO waltzing in, merging with another company, laying off workers and jumping out when the stock spikes. There should be vesting schedules tied to long term performance. The live-for-tomorrow's stock price management practices have to stop. We need strategic, long-term thinkers!
Investors will also have to learn that they buy stocks for years, not days.
Of course I'm sure some investment guru will slam me and say I don't understand market dynamics. That this kind of regulation and investment thinking would destroy the free market and capitalism.
Well -- maybe they are right. But maybe that needs to happen because to me, it's clear that neither unbridled socialism or unbridled capitalism work. We need something different. It makes me want to vomit to think that the AIG leadership received millions just to show up for work!
And for some context, this is not the rant of an out-of-work, average American who struggles to make ends meet. I'm very fortunate and I'm tired of inefficient corporations and government wasting my hard-earned investment dollars and taxes.
Hey Charter -- want to own the TV and phone business in your territories? Try something revolutionary. Quit the used car haggling. Quit the six month promotions. Quit lowering prices when folks threaten to cancel their service. Why not offer cheaper packages (slower speeds, less channels, less phone features) to retain customers and LOWER PRICES on existing packages? I think you have a good product in St. Louis but it's TOO DARNED EXPENSIVE! Match Dish and DirectTV prices. Offer more HD channels! With VOD, you have a better product than the dish. If you match their price, you'll win customers. How about pricing your phone service at half the cost of AT&T? Why not? You already pay for the network with HSI and TV fees. |
