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yahoo is so lame.
now I read that what's her name is trying to convince Apple to make yahoo search the default search for iPhone/macs/safari
oh brother, I hope Apple stays away from Yahoo.
Who cares? As opposed to the money the Fed has been printing this is yahoo's money. This information is public, as are mgmt compensations, if shareholders and employees want to take this crap then so be it. They have great technology, but business wise I wouldn't touch yhoo stock with a 10 ft pole. You got your bailouts and QE ad infinity, so don't complain that the excessive executive management salary party was resumed right away after a brief halt in 2008 - it's 1999 again! ;)
JH
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2014 Apr 18, 1:49am
oh brother, I hope Apple stays away from Yahoo.
It would be a perfect match.
As opposed to the money the Fed has been printing this is yahoo's money.
...
You got your bailouts and QE ad infinity
You pay taxes? This is your money. Even if you don't pay taxes, you are paying in the form of a deflated dollar.
You pay taxes? This is your money. Even if you don't pay taxes, you are paying in the form of a deflated dollar.
Way too much taxes, it's fucking robbery. What I was saying that you would not see this sort of compensation if it wasn't for the bailouts and cheap credit because any company who would attempt to do so would go bust against more economic competitors almost instantly. Yes, this is our money, but it's after the fact. You get what you voted for, more of the same. It's a one party system robbing the taxpayer.
JH
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2014 Apr 18, 2:38am
Yes, this is our money, but it's after the fact. You get what you voted for, more of the same. It's a one party system robbing the taxpayer.
Since it is a one party system, there is no choice in voting. I always vote 3rd party in hopes of changing the system, but they are typically so overmatched it is merely a symbolic vote. Only a revolution would change our system, and the working class is too busy and overworked to have time to care about being robbed.
Who cares
I do, for those reasons. But you're right, it's not changing.
What I was saying that you would not see this sort of compensation if it wasn't for the bailouts and cheap credit because any company who would attempt to do so would go bust
Obviously you've never heard of the 80's or 90's or housing boom. Plenty of huge compensation packages happened pre bailouts. How exactly would they go bust?
What I was saying that you would not see this sort of compensation if it wasn't for the bailouts and cheap credit because any company who would attempt to do so would go bust
Obviously you've never heard of the 80's or 90's or housing boom. Plenty of huge compensation packages happened pre bailouts. How exactly would they go bust?
What? YHOO - which has great libraries but nonetheless - would have had a hard time making it through 2008 without the bailouts, credit was rightfully tight and banks were calling in loan facilities. You can be sure that $58.000.000 golden parachutes would NEVER have materialized. It's the same crap the TBTFs are now peddling claiming that they have to "retain talent" with "competitive pay" AKA million dollar bonuses. It's bullshit. In times of economic boom you obviously encounter escalating pay, but certainly not during a major recession.
Rin
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2014 Apr 23, 10:47am
Plenty of huge compensation packages happened pre bailouts.
Yeah, but typical loser CEOs were in the $10-15M exit strategy category back in yesteryear. Sure, they made out well, despite failing but at least the damage was contained.
Getting $58M in 1.5 years, as a dud, is becoming the new trend. It's more or less getting money to help liquidate a company but without a private equity/corporate raider firm in the middle.
Yeah, but typical loser CEOs were in the $10-15M exit strategy category back in yesteryear. Sure, they made out well, despite failing but at least the damage was contained.
Well, this guy's was $17M until the Yahoo stock price went way up.
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http://money.cnn.com/2014/04/17/technology/de-castro-yahoo-pay/index.html?hpt=hp_t2
I'm sure his brilliant intelligence, special ability to work with people, knack for advertising, and commitment to the company earned him every penny.