RT

On Sun, 4 Dec 2005 15:46:23 -0500, "fclaugus" <fclaugus@yahoo.com>
wrote:

>
>"WindsorFox" <windsorfox@NOSPAM.cox.net> wrote in message
>news:2jHkf.16762$_k3.1678@dukeread01...
>> Mort Guffman wrote:
>>
>> >
>> > Americans should buy American cars. It's not complicated.
>> >
>>
>> Don't you DARE even try to lay just one tiny bit of blame for Ford
>> and GM losing money on me! Chrysler is half owned by Daimler, and if the
>> Big 3 are such wonderful American companies Why are so many models made
>> in Canada and Mexico? My "Japaneese" truck is engineerd and built in
>> Canton Mississippi and is in my opinion superior to it's competiton. If
>> they worried less about profits and more about the product that causes
>> the profits they would make more. Lastly, Call me a Socialist if you
>> want, but if you owned a bakery and you were $10,000 short AND your
>> salary as owner CEO was $60K, would you settle for a $50K salary to save
>> your business? Of course. Now tell that to the people that run Ford and
>GM.
>
>Except in this case Ford And GM are loosing hundreds of millions of dollars
>and the (CEO)s are earning just a few million. However that is still a few
>million too much. Although, who would run GM on peanuts when you can make
>much more $ at a more profitable company ? Meaning, we can only cut

It's simple; their salaries/bonuses would be directly related to the
sales numbers.

>executive compensation so much before the executive look for work elseware.
>Although, mane executives have significant amounts of stock in the companies
>they run, so they should be motivated to stay and make the company more
>profitable. (In theory)
>

>Fred
>