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  1.    #1  
    I am glad Citibank did the right thing. How much did Citibank get from the bailout?:

    (Reuters) Citigroup Inc (C.N) told about five former top executives that they will not be paid tens of millions of dollars in promised severance payouts, the Wall Street Journal said, citing people familiar with the matter...

    Citi halts severance payouts to some former execs: report - Yahoo! News
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  2. Micael's Avatar
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    #2  
    So, you're for breaking contracts with employees?
    The Law of Logical Argument: Anything is possible if you don't know what you are talking about.
  3. #3  
    Quote Originally Posted by Micael View Post
    So, you're for breaking contracts with employees?
    talk about jumping to conclusions.. was it in their contracts?

    If it is I'm sure their lawyers will have a field day..

    I think it was more of an old boys unwritten rule, that they decided did not apply anymore since they messed up their job..
    <IMG WIDTH="200" HEIGHT="50" SRC=http://www.visorcentral.com/images/visorcentral.gif> (ex)VisorCentral Discussion Moderator
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  4. Micael's Avatar
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    #4  
    Quote Originally Posted by ToolkiT View Post
    talk about jumping to conclusions.. was it in their contracts?

    If it is I'm sure their lawyers will have a field day..

    I think it was more of an old boys unwritten rule, that they decided did not apply anymore since they messed up their job..
    ditto on the jumping to conclusions. how do you know who messed up whose jobs? Citigroup has been laying off people wholesale, for financial reasons, not because they were doing a bad job. I'm an example. I was laid off by Citigroup in October, along with 30,000 other employees worldwide (at the time - they've laid off much more by now).

    Yes, most top exec's negotiate a severance package when they first sign on with a corporation.
    The Law of Logical Argument: Anything is possible if you don't know what you are talking about.
  5. #5  
    Quote Originally Posted by Micael View Post
    Yes, most top exec's negotiate a severance package when they first sign on with a corporation.
    He's correct.

    Also, sorry for your loss. I got laid off by Foxconn in February... Times are tough.
    Grant Smith
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  6.    #6  
    Quote Originally Posted by Micael View Post
    ...Yes, most top exec's negotiate a severance package when they first sign on with a corporation.
    It's a golden handshake for a golden parachute between good old boys that lets them walk away with millions. Since Citicorp is running on bailout tax money, it was a prudent decision to cut them off.
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  7. Micael's Avatar
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    #7  
    While we're at it, lets reduce the good ole boy take home for professional sports players, movie stars, and touring ex-presidents. Hey, we can decide whats fair and spell out what everyone should make
    The Law of Logical Argument: Anything is possible if you don't know what you are talking about.
  8. #8  
    And we have a president that is taking his wife on dates that cost $25,000 for one night of fun. What a loser.
  9. #9  
    Quote Originally Posted by Micael View Post
    While we're at it, lets reduce the good ole boy take home for professional sports players, movie stars, and touring ex-presidents. Hey, we can decide whats fair and spell out what everyone should make
    That would seem logical if economic equality were a civil right.
    ‎"Is that suck and salvage the Kevin Costner method?" - Chris Matthews on Hardball, July 6, 2010. Wonder if he's talking about his oil device or his movie career...
  10. #10  
    Quote Originally Posted by JonR88 View Post
    And we have a president that is taking his wife on dates that cost $25,000 for one night of fun. What a loser.
    Dude's got the cash.
    "'Form follows function' that has been misunderstood. Form and function should be one, joined in a spiritual union."
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  11. Micael's Avatar
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    #11  
    Quote Originally Posted by JonR88 View Post
    And we have a president that is taking his wife on dates that cost $25,000 for one night of fun. What a loser.
    I heard someone on the radio this morning saying the "night" in question was picked up by taxpayers. Say it ain't so, Ma! Say it ain't so!
    The Law of Logical Argument: Anything is possible if you don't know what you are talking about.
  12. Micael's Avatar
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    #12  
    Quote Originally Posted by gksmithlcw View Post
    He's correct.

    Also, sorry for your loss. I got laid off by Foxconn in February... Times are tough.
    Ouch! I trust you've gotten a new gig since then? It took me 6 months, which is the first time it's taken me that long to find work.
    The Law of Logical Argument: Anything is possible if you don't know what you are talking about.
  13. #13  
    Quote Originally Posted by Micael View Post
    Ouch! I trust you've gotten a new gig since then? It took me 6 months, which is the first time it's taken me that long to find work.
    Nope. I'm into almost 4 months of unemployment... *sighs*
    Grant Smith
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    eNVENT Technologies
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  14. #14  
    Quote Originally Posted by JonR88 View Post
    And we have a president that is taking his wife on dates that cost $25,000 for one night of fun. What a loser.
    That's quite frankly a ludicrous argument to make. All Presidents have attended public performances - and all have required Secret Service protection, which is costly. Should no President ever be allowed to leave the White House?

    People can have a reasoned argument about policy issues, but that whole "issue" is just silly.
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  15. #15  
    Quote Originally Posted by Bujin View Post
    That's quite frankly a ludicrous argument to make. All Presidents have attended public performances - and all have required Secret Service protection, which is costly. Should no President ever be allowed to leave the White House?

    People can have a reasoned argument about policy issues, but that whole "issue" is just silly.
    obamination scolds ceos for flying their private jets around when their companies are failing,
    but its TOTALLY ok for obamination to fly airforce one around on joyrides at the taxpayers' expense when the NATION is failing.

    Sure. Gotcha. No problem. Forward march america. Get behind your prez, baby!!!! He's the real deal!!!

    And unemployment can be so blissful too. The suffering was so horrible under Bush, but suddenly with obamination they are calling it "funemployment"!!! lol.

    Gotta love the left. The bull$3#t has no bounds.
  16. #16  
    Gotta love the left. The bull$3#t has no bounds.
    It's not just the left - the majority of Americans disagree with your hatred of our duly elected President, including 2/3 of Independents and 1/3 of Republicans. Maybe you should just take a deep breath, do some yoga or something. Too much stress is really unhealthy.
    Last edited by Bujin; 06/06/2009 at 12:19 AM.
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  17. #17  
    Quote Originally Posted by Bujin View Post
    That's quite frankly a ludicrous argument to make. All Presidents have attended public performances - and all have required Secret Service protection, which is costly. Should no President ever be allowed to leave the White House?

    People can have a reasoned argument about policy issues, but that whole "issue" is just silly.
    Why is it silly? No other president has flown to another city & back just for a date/social evening. There's always been some real presidential function involved -- meeting, speech, conference, etc. The concert or play has always been a side benefit of being in that city to do presidential work. But, now, it's OK to spend our money on date night? Now, that's what's truly silly.

    Historically, the cost of all those nice White House diplomatic dinners actually comes out of a President's salary. What places date night on a different level, requiring the American public to pay for it?
  18. #18  
    Quote Originally Posted by kraski View Post
    Why is it silly? No other president has flown to another city & back just for a date/social evening.
    Do you know that for a fact? Any evidence to back up that "fact"? No president ever attended a Broadway Show or other event? Or did you just hear that on Rush's show and took it for fact?

    By the time he left office, George W. Bush had made 149 trips to and spent 487 days at Camp David, with another 77 getaways to (and 490 days at) Crawford. Toss in 11 visits and 43 days at his folks' compound in Kennebunkport, Maine and President Bush spent 1020 days - 35% of his presidency - getting away from the White House. Notably, he continued his vacation during Hurrican Katrina.

    During all of these vacations, Secret Service and other costs wer far more costly than a single night out. Does that cost bother you? Or only if the President is Obama? At least let's be consistent.

    This is just another manufactured "controversy", because the extreme right is just frustrated that Obama remains popular with most of the country, including 1/3 of Republicans. The Limbaugh's and the Hannity's just don't know how to deal with it, so they attack. It's ludicrous, but entertaining to watch.
    Last edited by Bujin; 06/06/2009 at 10:37 AM.
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  19. #19  
    Quote Originally Posted by Bujin View Post
    Do you know that for a fact? Any evidence to back up that "fact"? No president ever attended a Broadway Show or other event? Or did you just hear that on Rush's show and took it for fact?
    Notice that I said it wasn't just for a night out, not that they didn't have any vacation or recreation time included.

    You seem to have a big thing about Secret Service expense. So, let's put that in perspective. Bill Clinton has had Secret Service from when he was first elected till now. So does Bush. And so did all the other Presidents since the creation of the Secret Service. But the discussion of things being at the voters' expense never included the Secret Service, except by you. The safety of our Presidents, both in and out of office, was never at issue.

    You mention Camp David. It's a Presidential working retreat. Normally, for security reasons they use a helicopter. But you can easily drive there from DC. It's not a long distance air flight like NYC. And the trip, unlike NYC, does not become a major taxpayer expense. My issue is not with the fact that our President took his wife out to dinner & theater. My issue is that the trip was paid for by the likes of you & me, but didn't have anything related to the office in the trip. There are lots of great date night things available in DC, VA & MD that might even have been more romantic at much less travel expense.

    One other thing I need to point out. You brought up Rush & Hannity & hinted I got my views from Rush. When's the last time you watched or listened to them? I don't have a clue what Hannity looks like, sounds like or thinks. Except for some video snippets on the news, I haven't listened to Rush in at least 6 years. I also don't listen to the liberal talk show hosts, either. Both extremes have axes to grind that have little benefit for anyone else. I prefer to come to my own conclusions, thank you, based on knowledge & experience, not someone else's ideology.

    Have a Blessed Day,
    Bill
  20. #20  
    Quote Originally Posted by kraski View Post
    Notice that I said it wasn't just for a night out, not that they didn't have any vacation or recreation time included.

    You seem to have a big thing about Secret Service expense. So, let's put that in perspective. Bill Clinton has had Secret Service from when he was first elected till now. So does Bush. And so did all the other Presidents since the creation of the Secret Service. But the discussion of things being at the voters' expense never included the Secret Service, except by you. The safety of our Presidents, both in and out of office, was never at issue.
    I talk about the Secret Service expense, because that is the only expense that isn't covered by the President's salary. President Obama currently earns $400,000 per year, along with a $50,000 expense account, a $100,000 nontaxable travel account and $19,000 for entertainment. So the "issue" with his spending taxpayer dollars is truly a non-issue. Travel and entertainment are part of his salary.

    And while you spend a great deal of your time discussing Camp David, you neglect to mention the former President's trips to his ranch, totalling 77 trips and almost 500 days. That is not a working retreat, but a vacation, adding up to almost 1-1/2 years of his 8 year term. Those trips requires travel, security, etc. as well, and are costly. It should be noted that President Bush did indeed use Air Force One to travel to his Crawford vacations.

    I'm not saying that Bush doesn't have a right to them - I believe that it comes with having that job and trying to have some semblance of a life. But let's be consistent in our criticism. You can't simply criticize because you don't like this President, and not hold the last President to the same bar. That's not basing decisions on "knowledge and experience", but simply on ideology.
    Last edited by Bujin; 06/06/2009 at 04:55 PM.
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