If Obama is re-elected, you'll be fired, CEO tells workers

[Kakapo Dundee]

Sorry...but running your country into massive debt and using public money to prop up banks while working class people lose their homes and jobs would be a pretty much textbook definition of a failed government. If fundamental definitions equal simplistic pap in your world, you're not really equipped for political debate.

 

[Accountable]

Sorry...but running your country into massive debt and using public money to prop up banks while working class people lose their homes and jobs would be a pretty much textbook definition of a failed government. If fundamental definitions equal simplistic pap in your world, you're not really equipped for political debate.

As I said before, it's mere sport for you. You choose not to educate yourself; that's your loss.

 

[robdawg1]

seems like i havent heard of any layoffs for westgate yet....

 

[Francis]

seems like i havent heard of any layoffs for westgate yet....

You won't ..

Per the link I provide below Seigel had a change of heart and in fact gave a 5% raise right after the election.

 

[Kakapo Dundee]

seems like i havent heard of any layoffs for westgate yet....

Francis posted this link earlier. And beat me to the reply too, dammit!

http://www.huffingtonpost.com/2012/...rings-obama-win-victory-raises_n_2092582.html

Not only are there going to be no layoffs, Westgate are giving payrises. I guess they need to retain staff.

And still he tries to paint it as a huge favour to the staff, and that it's Obama's fault that he has to give a pay rise.:24:

 

[The Man]

You won't ..

Per the link I provide below Seigel had a change of heart and in fact gave a 5% raise right after the election.

That Seigal...pretty good guy :thumbup

 

[Kakapo Dundee]

That Seigal...pretty good guy :thumbup

Yeah, because threatening your staff with redundancy and then admitting that you need them is always good.

 

[Stone]

Stone do you run a business?



The above line makes absolutely no sense.. If you have greed and corruption you have incompetence, as anyone who understand business and would be competent would never let greed and corruption stand in the way of what's best for the company ( corporation ). Yes these people maybe "educated" but that does not make them competent. Faster growth can bring a lot more money and success to you than greed that will eventually bring you down..

Stone do you run a business?

I'm retired now but I have owned two small business.....an auto repair shop and a family farm.
I've also worked factory assembly lines.

The above line makes absolutely no sense.. If you have greed and corruption you have incompetence

But incompetence doesn't dictate the status of greed and corruption as an absolute.

as anyone who understand business and would be competent would never let greed and corruption stand in the way of what's best for the company

You're only playing with semantics by defining what 'incompetence' means to you.
Incompetence of the title holder includes greed and corruption of the position, but other factors also attribute to incompetence..... intelligence and performance of the title holder ( CEO/President etc)

But.....the concept of corruption can be very competent....it only needs be efficient in it's own interest. This was the setting of our banking system.

These men were/are very well educated and had no qualms for putting our system at risk for their own gain.
So....it's very logical to say......greed and corruption was a greater influence than incompetence.
Otherwise, you're only rationalizing their actions.

Yes these people maybe "educated" but that does not make them competent.

Yes....so?

Faster growth can bring a lot more money and success to you than greed that will eventually bring you down

And yet executives at the major banks became wealthy from greed and corruption while the taxpayer and general public took the 'hit'. The bankers, themselves....the CEOs, Pres, and VP, Directors) profited wildly from their actions.
I'm not endorsing greed and corruption, I'm pointing out your view of the situation is obviously skewed and you simply do not want to be seen agreeing with me

 

[Francis]

I'm retired now but I have owned two small business.....an auto repair shop and a family farm.
I've also worked factory assembly lines.

Fair enough.. So I started at the bottom of the ladder and made my way up.. Now own my own company in high tech..

But incompetence doesn't dictate the status of greed and corruption as an absolute.


You're only playing with semantics by defining what 'incompetence' means to you.
Incompetence of the title holder includes greed and corruption of the position, but other factors also attribute to incompetence..... intelligence and performance of the title holder ( CEO/President etc)

Of course not.. You can have Greed, Corruption and Incompetence but when your talking about the hierarchy of companies it not often you don't have all 3..

Even the best of white collar crooks have gotten caught such as Bernie Madoff, Jeff Skilling and Bernie Ebbers.. Again you usually have an educated CEO / Director that turns to greed and corruption due to incompetence.

But.....the concept of corruption can be very competent....it only needs be efficient in it's own interest. This was the setting of our banking system.



These men were/are very well educated and had no qualms for putting our system at risk for their own gain.
So....it's very logical to say......greed and corruption was a greater influence than incompetence.
Otherwise, you're only rationalizing their actions.

Well I can't speak for US Banks because I don't deal with them.. But I do know Canadian Banks are heavily regulated so things that have happened in the US did not happen here.

Yes....so?



And yet executives at the major banks became wealthy from greed and corruption while the taxpayer and general public took the 'hit'. The bankers, themselves....the CEOs, Pres, and VP, Directors) profited wildly from their actions.
I'm not endorsing greed and corruption, I'm pointing out your view of the situation is obviously skewed and you simply do not want to be seen agreeing with me

From what I been told at the rate these guys were going it wasn't only the CEO, VP and Directors that made wild money. The peons an the lower levels made tons as well..

 

[Stone]

Fair enough.. So I started at the bottom of the ladder and made my way up.. Now own my own company in high tech..



Of course not.. You can have Greed, Corruption and Incompetence but when your talking about the hierarchy of companies it not often you don't have all 3..

Even the best of white collar crooks have gotten caught such as Bernie Madoff, Jeff Skilling and Bernie Ebbers.. Again you usually have an educated CEO / Director that turns to greed and corruption due to incompetence.




Well I can't speak for US Banks because I don't deal with them.. But I do know Canadian Banks are heavily regulated so things that have happened in the US did not happen here.





From what I been told at the rate these guys were going it wasn't only the CEO, VP and Directors that made wild money. The peons an the lower levels made tons as well..

Fair enough.. So I started at the bottom of the ladder and made my way up.. Now own my own company in high tech..

Interesting....but our personal work histories are irrelevant to the topic.

You can have Greed, Corruption and Incompetence but when your talking about the hierarchy of companies it not often you don't have all 3

That was a double negative statement that seemed to contradict itself.....you might want to restate it.

Even the best of white collar crooks have gotten caught such as Bernie Madoff, Jeff Skilling and Bernie Ebbers

They wouldn't be the best of crooks if they were caught, now would they?

Again you usually have an educated CEO / Director that turns to greed and corruption due to incompetence.

You're only mindlessly jerking off with words.

Well I can't speak for US Banks because I don't deal with them.. But I do know Canadian Banks are heavily regulated so things that have happened in the US did not happen here.

Point......this thread isn't about Canadian politics nor it's business community and fiscal/ethical/moral problems.
I don't doubt your situation in Canada is different.

From what I been told at the rate these guys were going it wasn't only the CEO, VP and Directors that made wild money. The peons an the lower levels made tons as well

Like share the wealth?
I don't doubt a lot of bank stock manipulation allowed investors with inside information to profit, too......but that's also more along the lines of greed and corruption than incompetence.

 

[Francis]

Point......this thread isn't about Canadian politics nor it's business community and fiscal/ethical/moral problems.
I don't doubt your situation in Canada is different.

OK seeing the rest was mindless drivel.. This seemed the only valuable thing to answer.. I had no idea we moved go Canadian politics either.. I merely pointed out I had no idea of US Banking and only Canadian Banking. Hence I will not venture into things I have no idea.. :cool

 

[Stone]

............. Hence I will not venture into things I have no idea.. :cool

Stay and learn.....you don't have to leave (....................)

 

[Francis]

Stay and learn.....you don't have to leave (....................)

I always stay.... I always learn... But when you get to a point when people play silly games, its time to walk away..

I truly am not here to throw insults and play word games.. Sorry if at times I slip or have mental blocks on what I mean but that doesn't give anyone the right to change the meaning of what i said ( not directed at you in specific )..

 

[Stone]

I always stay.... I always learn... But when you get to a point when people play silly games, its time to walk away..

I truly am not here to throw insults and play word games.. Sorry if at times I slip or have mental blocks on what I mean but that doesn't give anyone the right to change the meaning of what i said ( not directed at you in specific )..

Would you like some cheese with that whine

 

[Francis]

Would you like some cheese with that whine

Sorry I don't like sour grapes..

 

[Stone]

Sorry I don't like sour grapes..

Sounds like a man of experience........

 

[Francis]

Sounds like a man of experience........

Nope just a man.. :cool

 

[Stone]

Nope just a man.. :cool

Maybe so......but it's been a lot of fun conversing with you.....and I mean that in a good way .....

 

[Francis]

Maybe so......but it's been a lot of fun conversing with you.....and I mean that in a good way .....

Been good conversing with you as well..

 

[Alien Allen]

quit the butt kissing and get back to the insults

that is way more interesting