forbes.com— There are 30 chief executives of public companies on the latest Forbes 400 list, and most of them are losing hundreds--even thousands--of dollars a second.
Sep 27, 2008View in Crawl 4
That describes most of the people with whom I have worked. In many cases (inheriting wealth doesn't count here) the folks who have gotten rich have done so because being rich has been their number 1 priority in life. There are a few who just love the work and are quite good at it and the wealth is a by-product (e.g. Warren Buffet, Jack Welch). I would rather work for the latter, they recognize and reward folks who put in the hours and effort much more generously.
"Do you have any idea what would happen to YOU if there were no bailout?"I'd have a free market to invest my money in sound financial institutions that I know are solvent?
Of course it's not. If the run the company into the ground, people most likely won't trust him or her into making a company more successful. Some of you might say that even though he had run the company into the ground, he still got millions out of it. However, it still doesn't change the fact that now it is harder for them to find someone willing to hire them. Not only that but it still would hurt their reputation and pride.However, if you are talking about CEO that has no pride or don't give a s**t about their reputation, then that's a different thing. Of course though, those type of people don't usually become successful in anything down the road in life. Something like Karma I suppose?
in the last week, I'm i the only one having problems sleeping at night? i have been living on my own for 2 years now and I'm enjoying it very much. but real talk i never been this worried in my life. if the bailout passes we loose if it does not, we loose.our only two choices really is go to the poor house now or get taxed into the poor house. let just let it die now i say the sooner it crashes the sooner we can bounce back and rebuild.
bittermanscolonSep 28, 2008
saved me typing the same thing.......poor babies.....
oldgalSep 28, 2008
That describes most of the people with whom I have worked. In many cases (inheriting wealth doesn't count here) the folks who have gotten rich have done so because being rich has been their number 1 priority in life. There are a few who just love the work and are quite good at it and the wealth is a by-product (e.g. Warren Buffet, Jack Welch). I would rather work for the latter, they recognize and reward folks who put in the hours and effort much more generously.
shigSep 28, 2008
"Do you have any idea what would happen to YOU if there were no bailout?"I'd have a free market to invest my money in sound financial institutions that I know are solvent?
enternalSep 28, 2008
Of course it's not. If the run the company into the ground, people most likely won't trust him or her into making a company more successful. Some of you might say that even though he had run the company into the ground, he still got millions out of it. However, it still doesn't change the fact that now it is harder for them to find someone willing to hire them. Not only that but it still would hurt their reputation and pride.However, if you are talking about CEO that has no pride or don't give a s**t about their reputation, then that's a different thing. Of course though, those type of people don't usually become successful in anything down the road in life. Something like Karma I suppose?
werriesSep 28, 2008
I don't understand. Why don't they just appoint someone else as CEO and just go live off their money?
mpwnsSep 28, 2008
in the last week, I'm i the only one having problems sleeping at night? i have been living on my own for 2 years now and I'm enjoying it very much. but real talk i never been this worried in my life. if the bailout passes we loose if it does not, we loose.our only two choices really is go to the poor house now or get taxed into the poor house. let just let it die now i say the sooner it crashes the sooner we can bounce back and rebuild.
paradisetonightSep 28, 2008
its great to hear that rupert has lost a s**t load of money