After his company won approval of its bankruptcy plan this week, Charter Communications CEO Neil Smit tells Bloomberg that upon exiting from bankruptcy, the company will raise prices and consider consumption-based billing. Charter Communications hasn't been profitable since the company went public in 1999, posted a $2.45 billion loss last year, constantly ranks at the bottom of most customer satisfaction surveys, is swimming in debt, and was just forced into bankruptcy and reorganization. Of course these problems were caused by poor management, not flat-rate broadband pricing -- a model that's been perfectly profitable for most ISPs. Despite Charter's constant failings, Smit himself was paid $7.4 million in cash compensation for 2008, and remains one of the highest paid executives in St. Louis. Perhaps he'll volunteer a fresh pay cut in addition to socking his customers with higher prices? For the team?