If you don't pay executives they will go run other companies who will.
On Fri, Nov 14, 2008 at 11:10 AM, <[EMAIL PROTECTED]> wrote: > a few months ago (in May) GM put Rick Wagoner's salary back up to $2.2 > million > taking him off his self-imposed pay cut > > and now he wants a government bail-out? He'll do perfectly fine with or > without one. > He wants to save his company? Make him, and all of GMs top executives, pay > for it. > > the company is a complete failure because of personal greed > > > MEK > > Joel Gajewski <[EMAIL PROTECTED]> wrote on 11/14/2008 10:37:11 > AM: > >> As sad as it is for life in Detroit, the US auto industry has not >> exactly learned any lessons from the 70's/80's when foreign cars >> started picking up in terms of sales. Plus, they neglect the >> American market in terms of style, performance and most importantly >> quality. They should have known that their busines plans based on >> large trucks and SUV's in the 1990's would only last for so long. >> >> I have known far too many people that work in the industry and feel >> that they are owed something and have very little pride in their >> work, which is a huge cause in the lack of quality. I had two sides >> of my family working for Ford or Chrysler (pre Daimler) and sadly >> this is really what I saw growing up. >> >> I had two Chyslers and one Ford, none of which made it past 100k. >> Well, the Ford I dumped with 36k because it was already having problems. > >> >> This might not be a popular view, but it is my honest opinion and it >> pains me to say it as I love Detroit and all of my family there. >> >> It's sad really. >> >> >> ----- Original Message ---- >> From: "[EMAIL PROTECTED]" > <[EMAIL PROTECTED]> >> To: Martin Dust <[EMAIL PROTECTED]> >> Cc: list 313 <313@hyperreal.org> >> Sent: Friday, November 14, 2008 9:44:31 AM >> Subject: Re: (313) Business Automotive industry 'If General Motors >> were to lose out, I think Detroit would go under >> >> "We're not recyclers," he said of his countrymen. "We're consumers of >> products." >> the problem in a nutshell >> >> >> >> MEK >> >> >> >> >> Martin Dust <[EMAIL PROTECTED]> wrote on 11/14/2008 09:06:49 AM: >> >> > grim reading: >> > >> > http://www.guardian.co.uk/business/2008/nov/14/ford-chrysler-general-motors >> > >> > m > > -- --- Michael Kuszynski [EMAIL PROTECTED] [EMAIL PROTECTED] http://www.planerecordings.com New York, NY
