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XknightHawkX

join:2003-02-13
East Peoria, IL

Um where does this debt come from

They have customers that pay for the service. The money they pay should be passed to pay the bill Charter gets. Next part of the money pays the employess. Then stockholder. The money customers pay for service does not go directly to stockholders first.

Maybe it would help if CEO's didn't get multi-million dollar bonus'. Shouldn't even be getting bonus' if they can't get the company to make money. I thought a bonus was what you get for doing a good job. But these big companies seem to think to sign on a CEO and put a bonus into the contract. Shouldn't they just say we're going to pay you this much a year for the job in the contract.

My question is, Is the company bankrupt because of stupidity of the CEO? I'll run a company into the ground for lot less then they get paid to run it into the ground.

zed260
Premium
join:2007-09-30
Cleveland, TN
kudos:1
Reviews:
·Charter

in charters case it was the previous ceo who ran it into the ground buying a lot of cable companies and stacking up to much debt

charters current ceo has managed to increase there revenue and stuff the only problem for charter is because of the debt they have from past purcheses far outweighs there abilty to handle it


RWOTB
Premium
join:2002-12-04

reply to XknightHawkX

said by XknightHawkX:

I thought a bonus was what you get for doing a good job
Yeah, that's the old-fashion way of running a business.
--
2/02/09: "The White House said, 'The voters should not worry.'" I say, "We all BETTER worry!"

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