Fed Up - pipTalk Forums

How to Join	Member's Area	Private Library	Search	Sanctuary		Login
Main Forums	Discussion	Tech Talk	Mature Content	Archives	A home without a wall, Our haven without ends, A circle we all call Our Family of Friends!

Huan Yi
Member Ascendant

since 2004-10-12

Posts 6688
Waukegan

0 posted 2004-12-27 12:03 PM

http://www.foxnews.com/story/0,2933,142572,00.html

"I have seen lots of excuses for why people took it upon themselves to call in sick, such as low morale, poor management, anger over pay cuts and frustration with labor negotiations," Lakefield said. "None of those excuses passes the test. We all have our jobs to do."

Dear Bruce, what’s your excuse?

There’s a point beyond which you can’t push,
pummel or threaten. You may not see it,
but even those who don’t work under you
realize that you and your executive buddies have gone
past it.

Happy Holidays.

Poet deVine

Administrator

Member Seraphic

since 1999-05-26

Posts 22612
Hurricane Alley

1 posted 2004-12-27 06:08 AM

I say fire them all!

Sunshine

Administrator

Member Empyrean

since 1999-06-25

Posts 63354
Listening to every heart

2 posted 2004-12-27 06:49 AM

http://www.forbes.com/services/2004/11/10/cz_mt_1110ual.html?partner=yahoo&referrer=

Yet, several weeks after this report, it would seem that realization, and perhaps some nervousness has set in, that the anticipated retirement for airline employees is going to be cut in half. Maybe they were all out looking for employment that won't be cut in half in the years to come?

Huan Yi
Member Ascendant

since 2004-10-12

Posts 6688
Waukegan

3 posted 2004-12-28 01:03 AM

“WASHINGTON — Franklin Raines, who was forced out as Fannie Mae's (FNM) chief executive after five years, is slated to receive a monthly pension of more than $114,000 for life, . . .

Federal regulators have asked Fannie Mae to hold off paying out any compensation to Raines until they have time to investigate the package, and whether it was appropriate for the federally chartered lender to let Raines retire early rather than be dismissed.

An additional point of contention is Raines' retirement date. According to the filing, "Mr. Raines has asserted" to Fannie Mae that his retirement is effective June 22 — enabling him to receive an additional $600,000 in salary. That scenario also would add $100,000 to Raines' post-retirement monthly payment. In the filing, Fannie Mae did not agree to those terms. . .

The Office of Federal Housing Enterprise Oversight, or OFHEO — the company's chief regulator — pressured the board to act after the SEC said the company must make accounting corrections that could erase $9 billion of past profit dating to 2001.”

http://www.foxnews.com/story/0,2933,142680,00.html

It’s this kind of never the less profiteering that drives the employees to indifference.
It sure to be happening at US Airways. Executives get sweetheart deals that guarantee
their prosperity regardless of the merits of their performance; it’s the grunt at the
front who gets it in the neck.

Ron

Administrator

Member Rara Avis

since 1999-05-19

Posts 8669
Michigan, US

4 posted 2004-12-28 02:03 AM

quote:
Executives get sweetheart deals that guarantee their prosperity regardless of the merits of their performance; it’s the grunt at the front who gets it in the neck.

LOL. There's a simple solution to that, John. All the grunts should immediately get jobs as executives.

	⇧ top of page ⇧
All times are ET (US). All dates are in Year-Month-Day format.