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Message Subject GE Exec being paid $89,000 a month until 2022 to NOT work.
Poster Handle Anonymous Coward
Post Content
It makes perfect sense. GE is not just your corner grocery store and running it is no joke. Its where it is today because of the executives like him. They deserve the money. Its their brainpower at work here. Nothing wrong with paying them good money....
 Quoting: Anonymous Coward 1711362


cruise
You mean the company that has more tax avoidance workers than nuclear extinction level event avoidance workers?

Its hush money. And par for the course. But, I saw a CNBC interview with Jack Welsh one day. It was one of those dour days when the markets were crashing and waiting on some type of news. That's when those folks show sincerity (filing air time)

Host jovialy asked Jack "What went wrong? (with the global economy)" Welsh started breaking down. I mean literally fighting back tears. They cut to commercial.
 
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