 qworster
join:2001-11-25
Los Angeles, CA | $hit floats! That's about it.... | |
|
 | 
en102
Canadian, eh?
join:2001-01-26
Valencia, CA | 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 | |
|
| | 
KrK
Heavy Artillery For The Little Guy
Premium
join:2000-01-17
Tulsa, OK | Re: $hit floats! Yes. They are. | |
|
| | patcat88
join:2002-04-05
Jamaica, NY
| said by en102  :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! Time for me to refinance my house and buy Charter for the heck of it  | |
|
| | | 
jadinolf
I love you Fred
Premium
join:2005-07-09
Ojai, CA
 ·DSL EXTREME
| Re: $hit floats! said by patcat88 :said by en102 :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! Time for me to refinance my house and buy Charter for the heck of it Just take a loan for $38 and buy it. 
--
This post printed on 100% recycled bytes | |
|
| | | DarkLogix
join:2008-10-23
Baytown, TX | ya go for it
you could revolutionize the Cable ISP business | |
|
| gorehound
join:2009-06-19
Portland, ME | 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 !!!! | |
|
| | fiberguy
My views are my own.
Premium
join:2005-05-20
| Re: $hit floats! What "system"...? are you saying that government should take over and run everything? .. THAT would be a system.
They, the government that is no longer 'we the people' can't even get it's own affairs in order.. I sure hope that you're suggesting the government be the ones to "fix" the allegedly broken system.
When a company fails, such as this one, someone will ultimately come in and buy up the remains and give it a shot.. that is the system that works.
The millions this guy gets paid, in my mind, is irrelevant. Part of what went wrong with Charter was not complete incompetence, rather, the way the "system/market" works and oh yea.. "competition".. with out going into a long explanation as to the why of what I just said, I'll leave it at this for now.. but if anything, even for boobs, I am NOT about the giver-ment coming in to limit pay salaries.. besides, it's probably un-constitutional anyway.
On a side note, if ANY system needs to be fixed, its the people themselves that should look with-in to the "self-collective system".. ie: the people are not taking an active role in their own government.. until people start to care, the "system" as you speak of, is going to remain broken. | |
|
| | | nutcr0cker
join:2003-04-02
Chandler, AZ | Re: $hit floats! Perhaps he needs a tax break. everything will work fine only if we can give more tax breaks to the filthy rich | |
|
| | | sonicmerlin
join:2009-05-24
Cleveland, OH
| Actually the people do take an active role in government, in the form of consumer groups and activists. It's the politicians who don't really care what those consumer groups have to say, as they depend on the money and support given to them by big corporations.
You can't expect a nation of hundreds of millions of voters to pay attention to every detail and elect only the perfect candidate. That's if there even is a "perfect" candidate, considering the usual 2 party system.
Competition didn't down Charter. They hardly face any real competition. All it requires is a minimal amount of basic management skills for a company in their position to be profitable. It truly was gross incompetence.
A good example of how incompetent these large ISPs are is Cogeco. Its attempts to go international utterly failed, as they were quickly driven out of the foreign market by much tougher competition in the form of competently run companies.
Most of these ISPs would go under very quickly with the massive overhead and bonuses they spend their finances on year after year if they actually had to face real competition. | |
|
| | | | fiberguy
My views are my own.
Premium
join:2005-05-20
| Re: $hit floats! People take a role in government? Um... I strongly disagree with you.. you may want to look up the number of eligible voters and how many of them actually show up to the polls to vote. Not to mention, it's more than just voting.. as for activists and consumer groups? ... or as I call them, special interests.. they think about themselves and the people that think like they do. All those groups do is usually cause more problems. Activists are THE worst.. any idea how much progress gets held up as we study the habits of the spotted tree frog before actually building up much needed infrustructure?
And - I DO expect voters to pay attention to detail.. that's part of the responsibility and privileged of voting.. however, people are idiots - plain and simple. They vote on the same wedge issues all the time. Remember the comment about clinging to guns and religion? ... that couldn't have been said better. People think that this country is going to be fine as soon as you keep the gays out of the way, stop unborn baby killing, keep prayer in schools, and social security - gotta keep the old people interested too.
Competition DID have a roll in Charters issues.. when you have satellite, which is competition, offering a service cheaper damn near over night, it quickly erodes an already off-guard cable operator such as charter who largely serves rural areas.
There is real competition in this country - maybe not in your view.. but there IS competition in this country.. competition and offerings are subjective to the environment around it. This country is NOT Japan, it's NOT South Korea or China, it's NOT any other country that Utopian's here want.. in the U.S., OUR system has competition when it comes to video - many people have three choices and they exercise them all the time.
You talk about running a company is being so simple.. I hope you never find yourself in that position becuase you'd be the next BBR article being bashed by every arm chair quarterback on the site. Running a corporation is not "simple".. its quite complicated.. and while the company went down on this guys' watch doesn't mean that he was an idiot.. | |
|
| | | | | Core0000
Premium
join:2008-05-04
Somerset, KY
·Windstream
| Re: $hit floats! I agree with everything you said, except where you said the CEO of charter is not an idiot.
A CEO to some degree is like the captain of a ship. HE really is top dog as far as bringing about change's, and new implementations.
Anyways, as Larry Winget says. "Result's do not lie."
And I think that's a golden rule, when viewing everything. Results really do not lie. And that's a fact. | |
|
| | | | |
| | | wentlanc
You Can't Fix Dumb..
join:2003-07-30
Maineville, OH | You know... I read gorehound's post back about 7 times now... and I fail to find where he said "The systems needs to be fixed by the government!!". Perhaps you need a nice happy pill today???
cw | |
|
| | Pv8man
join:2008-07-24
Hammond, IN | Ya, I understand what you are trying to say.
but I don't think that Gov can do any better.
Sometimes, I pray some of these companies would finally fail...
so they can be done with, so someone else can fill in it's place and try. | |
|
ender7074
join:2006-11-21
Saint Louis, MO
·AT&T Southeast
| 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
one wall to block them all
Premium,MVM
join:2001-03-29
The Lou | Re: No suprise So, how do you really feel about those running Charter? | |
|
| | ender7074
join:2006-11-21
Saint Louis, MO | 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? | |
|
| matrix3D
join:2006-09-27
Deep River, CT
1 edit | 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. | |
|
| | fiberguy
My views are my own.
Premium
join:2005-05-20
| Re: No suprise First off, there is no "we" and no "country" that is rewarding these idiots for failure..
"This Country" doesn't employ CEO's.. well, until Obama came along in his quest to socialize everything.. and "WE" in the reward part of your message is not correct as "we" have nothing to do with how a business chooses to operate itself...
And to wrap it up and hit it home, the ONLY morons that are responsible for ANYTHING going on to this day are "we the people"... yes.. the PEOPLE are morons for putting "morons" in office and positions of power.. pretty sad when people fail to look at themselves for being a MAJOR part of the problem AND for blaming everyone else BUT themselves.
Corporations are still self operated.
Small Business is none of your business.
The house and senate and the white house.. That IS our business.
.. there were PLENTY of morons that put Bush into a second term.. start there.  | |
|
| | | |
| | | | |
| | | | |
| | | | | |
| | 
Jigsaw
Stardust We Are
Premium
join:2000-10-21
Cleveland, OH
 ·Cox HSI
| said by matrix3D :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. You forgot And morons letting the shit happen.....
--
"It's called the American dream because you have to be asleep to believe it."-George Carlin
| |
|
| | |
| 
borats
@tds.net
| said by ender7074 : I'm glad I jumped off of that sinking ship years ago. Idiots at the wheel -- the Charter moto. More like fired. Anyone who follows the Charter forum remembers you. No wonder you're here, in a Charter thread, like you always are, bashing them. You act like you know all the important people in Charter, when the only contact you ever had with someone of rank was your call center lead, or supervisor. | |
|
| | ender7074
join:2006-11-21
Saint Louis, MO
·AT&T Southeast
| Re: No suprise said by borats :said by ender7074 : I'm glad I jumped off of that sinking ship years ago. Idiots at the wheel -- the Charter moto. More like fired. Anyone who follows the Charter forum remembers you. No wonder you're here, in a Charter thread, like you always are, bashing them. You act like you know all the important people in Charter, when the only contact you ever had with someone of rank was your call center lead, or supervisor. LOL I never did anything in the Charter forum here. I wasn't fired from Charter, I quit. I know several people in the corporate office and had felt the effects of the idiots that ran the place. Please stop being an idiot or post links of me and my "Charter bashing" that you seem to think I wrote. Also, how is it that you think I shouldnt have an opinion of the idiots that ran that company when I was one of many people that bore the burden of implementing their stupid policies?
--
Does Microsoft mean small and squishy? | |
|
DoubleK
Doublek
join:2003-03-04
Beloit, WI
clubs:
·AT&T Midwest
·Charter Pipeline
| 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
Metairie, LA
clubs: | Unchecked greed wow, just wow. This is everything that is wrong with America. | |
|
morbo
Complete Your Transaction
join:2002-01-22
00000
clubs: | 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. | |
|
|
See 9 replies to this post |
|
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 !!!! | |
|
| patcat88
join:2002-04-05
Jamaica, NY | Re: Paid for failure said by anon51 :
It seems the more of a MORON you are, the higher the salary you get.
Welcome to America !!!!
The higher the salary, the more qualified you are for the next job. | |
|
|
Zen6
@rr.com
| As a consumer I have to agree that TW has been, and is run by complete morons. They currently have their bi weekly 3 day giveaway of service, thats where they try to increase sub numbers by giving away service. It is too bad there are still people who would buy stock in companies like this, then to have their money wiped out by mismanagement from the top down. Charter did this giveaway gimmick, as did adelphia just before they went under. | |
|
rudnicke
Premium
join:2004-10-23
Rantoul, IL | CEO's Another one of America's dumba** CEO's. Brainless idiots. | |
|
| 
cabana
now in pumpkin spice
Assistant
join:2000-07-07
New York, NY | Re: CEO's They do it ... because they can... | |
|
| |
| | ender7074
join:2006-11-21
Saint Louis, MO | 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? | |
|
thender
crackberry storms
join:2009-01-01
Brooklyn, NY
clubs: | 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 ! | |
|
radougherty
join:1999-07-23
Austin, TX
·RoadRunner Cable
2 edits | 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. | |
|
| 
MSauk
MSauk
Premium
join:2002-01-17
Sandy, UT | Re: Too much infreeding man why can't I get sweet jobs like this? | |
|
| | |
| 
nursemike
join:2001-10-14
Palm Bay, FL | Re: Too much inbreeding You hit the nail on the head! Boards of directors are nothing more than one BIG circle-jerk, and John Q. Public are the pivot men! | |
|
dadkins
Can you do Blu?
Premium,MVM
join:2003-09-26
Hercules, CA | Look at the pic Is that a shit-eating grin or what? | |
|
sonicmerlin
join:2009-05-24
Cleveland, OH
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. | |
|
| 
major marco
Res Firma Mitescere Nescit
Premium
join:2003-02-13
Stepford, CA
clubs:
| 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. | |
|
Pizz
Hi
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
·AT&T Southeast
| 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? | |
|
| |
| fiberguy
My views are my own.
Premium
join:2005-05-20
1 edit | Your post wins the daily boob award.
I guess Karl is god and all said is right.. so why offer comments.. is that for letting the bashing begin? .. are you so one minded that you can only see one side of things?
.. sad.
.. besides, what does a failed company and a CEO have to do with ANYTHING of defense of a cable company..? Pretty much shows narrow mindedness. | |
|
hopeflicker
Capitalism breeds greed
Premium
join:2003-04-03
Long Beach, CA | Failure Reward for failure?
Sounds like a good business plan  | |
|
David
No,there is another.
Premium,VIP
join:2002-05-30
Granite City, IL
clubs: | 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. | |
|
SteveCon
IBEW 2222 Boston, MA
Premium
join:2004-09-02
Burlington, 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. | |
|
rsa0
join:2003-01-25
Birmingham, AL | 1/2 of that ... I can bankrupt your company for 1/2 price....hell, gimme 1/8 and I will do it...cheaper, faster and better !!! | |
|
|
fullpicture
@charter.com
| Re: 1/2 of that ... actually if you look at the company sheet without the debt load, which was accrued long before Smit became CEO, Charter has done quite well. Smit was brought in to right the ship from an operating perspective and he done that. Payments on the debt is what caused Charter to file bankrupcy...nobody would have been able to overcome the type of drain on revenues while still rolling out new services and growing RGU's. | |
|
Chiyo
Save Me Konata-Chan
Premium
join:2003-02-20
Minneapolis, MN
clubs:
·Comcast
| Its hard working losing that money Man it must be awfully hard work losing that kind of money I wonder if they have a toilet in a fancy bathroom but you don't poop in it oh no you thrown 100's down the drain. maybe get side by side have races who's 100 goes down faster?
--
That was the wild boar.... Moo!
My podcast: The Banzai Beat »www.banzaibeat.com | |
|
| patcat88
join:2002-04-05
Jamaica, NY
2 edits | Re: Its hard working losing that money said by Chiyo :Man it must be awfully hard work losing that kind of money I wonder if they have a toilet in a fancy bathroom but you don't poop in it oh no you thrown 100's down the drain. maybe get side by side have races who's 100 goes down faster? »www.youtube.com/watch?v=HqcbgSpHMFs | |
|
ceosalaries
@rr.com | ............. loser, deadbeat ceo's in telecom make tons of $ with no results. charter, sprint, rcn, quest, etc | |
|
i1me2ao
Premium
join:2001-03-03
TEXAS
·Comcast
| i still fail to see where these morons are worth this much money to fail. i read they pay to attract talent, where in the hell is the talent???????????????????????
--
calling a illegal alien undocumented is like calling a drug dealer a undocumented pharmacist | |
|
|
|
|
Charter CEO Paid Well For Failure
