Saturday, February 25, 2012

What is executive management of corporate America sacrificing for the benefit of their companies and employees?

Ten million people out of work and growing. Consumer spending dropped last month more than it has ever dropped. Home foreclosures at record highs and the economic outlook going forward is nothing but doom and gloom.



Just like in politics, why does the executive level management only seem to be concerned about getting bailout money and their bonuses and how taking that bailout money will affect them?What is executive management of corporate America sacrificing for the benefit of their companies and employees?
Certainly the problems of corporate America and the problems caused by corporate America has started at the very top.



Greed, corruption, competition, stock holder expectations, need to achieve forecasts, have all played a negative part in what corporate America has become.



The mind set of corporate executives is truly a mystery to most people. The ungodliness that over takes this element and it's own quest for riches has been written in the scriptures over the centuries, yet it still prevails. Those who are elected to protect the people are themselves tainted by the corruption and greed by allowing laws to pass they know will benefit the executive class and deny the people.



AIG is the recipient of government bailout, and their appreciation and gratitude is reflected in how they responded. They turned around and had an all expense paid, week long party, at one of the country's more pricey resorts. They even took precautions on keeping it low key, so as not to alert the media, but to no avail ! They were caught with their pants down and the world became even more aware of their terrible indiscretions !



To do any less than fire this complete layer of management would be unjust. This scum needs to be made example of, yet capitalism needs to survive, but not at the cost turning our backs on this scum that first caused much of the financial crises and then benefited by it.



The politicians who supported this crises and in general allow corporate America to abuse the laws, must themselves be punished. At the very least, any and all elected positions in all levels of government, should be subject to recall !
NotaWhat is executive management of corporate America sacrificing for the benefit of their companies and employees?
A threat of loosing their

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End bonus and for a CEO to loose his $10,000,000 bonus is like taking his

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Box of Life cereal off the shelf

.
To answer your question, probably very little. They look out for #1.What is executive management of corporate America sacrificing for the benefit of their companies and employees?
They should not get a dime if they are setting aside billions in bonuses. That is just pure insanity. Bailout Bonus??

Another fine example of 'trickledown economics", that never actually trickle down.
People of excessive priveledge don't often see beyond their "let them eat cake" station in life.
AIG should sink, along with the BIG 3.

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