Ford CEO paid $39.1 million for four months work

Good money for running up a 12.7 BILLION dollar loss. At that rate, if the company broke even, his pay would have bankrupted Ford.

This really is disgusting. I fail to see how any can deny that we now live in a kleptocracy.

The middle class is not dying: it's being murdered, folks.

Sucked Dry....CEO's used to be 8-10 times our wage now it's about 100-300 times? How could ya live with yourself...and feel that you are worth it....Please...blame the restructuring for the losses...yeah, that's it.

thanks Shadow.

Stupid is as stupid does!
FORD will seek government bailout by year end.

Some years ago KMART had hired a new CEO. After four months KMART execs realized he was just a good at dispensing BS so they let him go. But KMART had to comply with his contract and give him his golden parachute of $25,000,000. No wonder this goes on.

That's an impressive testament to his negotiation skills.

That's a lot of money. So what's the deal, does that guy shit out golden turds or something?

He'd be paid less if that was all he did.

and that is all these ceo's can produce...... bullshit.

Who is the stupid ones here. Sounds like the taxpayers are the stupid ones if we permit our government to bail these suckers out.



Peace

Not as much the taxpayers as it is the SHAREHOLDERS. The only real answer is shareholder dissent. Shareholders own these public companies, and in many cases, they are starting to rise up against ridiculous CEO pay.

Ford shareholders should be outraged.

start sharpening the guillotines!

I was sorry to see Alan Mulally go. Most people here hoped he'd be the next CEO of our company.

If anyone can turn Ford around, it'll be Mulally.

And if you have a problem with the way the Board pays their top people, why don't you vote against their activities?

I mean you are stockholders, aren't you?

No, Duncan, they are not. They do not possess the intelligence nor the money to realize that they could do something about this as opposed to bitching about it on a fringe website.

And so it goes. Pay the top bean counters enuf $$ to bankrupt a company, or at least lay off most of their workers and close their plants. Tell the slaves to bow their heads and pray...maybe that'll help.

we'll never learn



[link to www.youtube.com]

You worker types haven't the foggiest idea what it takes to be a CEO these days, and how rare and difficult they are to recruit.

Be honest. How many of you possess the defining trait of a CEO - the ability to play a CEO on television?

I wanna be a CEO!!!!!!!!!!!!!!!!!!!!........

Well, I have an MBA, and I spent the night at a Holiday Inn.

I suppose that counts for something.

Well, I'm the CEO, COO, Board of Trustees, and the Janitor for my company, but I'm over 5'9" so, I'm too tall for television. LOL

Not that I want to defend nyone who makes that kind of money, but Mulaly was on the job for 4 months-it is not possible that he ran up the 12.7 billion loss. It's quite possible, likely even, that the loss would have been greater had Bill Ford stayed on as CEO.

That's all well & good, but have you saved money on your auto insurance by contacting GEICO, hmmm?

...despite the stockholders wise and commendable efforts to bolster Fords profits by investing in this charlatans services, I still wont be considering any of their products while shopping for my new automobile.

This is outright Crime.

Authur Anderson,...Enron style.

Heads should roll.



Z

Why are they picking on Ford?

Financial/banking companies and media companies steel tons of money from their employees efforts also...

Almost all larger companies do.

Whenever people gather into smaller groups and adopt fairness in earnings, it only last for a little while. Eventually the large company comes in and gobbles them up into the collective.

PS-

Dear Ford Motor Company,

Here is a surefire way to turn around your company by building a product commuters in the largest US domestic market actually want to purchase, ..(given to you at a 39.1 million dollar discount)...

1) Close one of your failing plants tomorrow and retool to build a Plug-in Hybrid. (Sincerely, you can do it. Trust me, if Billy-Jim-Bob can do it in his garage in San Fernando Valley utilizing used parts and computer batteries, Ford Motor Company can too.)

2) Build it here, not in Korea.

3) Hire somebody who knows something about modern marketing and PR to help you take full advantage of this Bold new effort to become relevant to modern consumers. (And trust me, whoever this somebody is, they have never lived anywhere near Bloomfield Hills or Birmingham.)

maybe this has something to do with why their cars fall apart after 4 months??? This company is a real joke. anything the ford family touches goes to shit. example. the detroit lions, once the greatest team in the league, now owned by ford and complete shit for decades.

Grosse Pointer!

OK! i only need 25,000,no? OK,...1000,no?

This man is paid obscene amounts of money to run a dying pos company that is going to go the way of the dinosaurs. What makes people think that this guy will turn things around? He is the ceo of Ford and he drives a Lexus, did you know that?

..."Not that I want to defend nyone who makes that kind of money, but Mulaly was on the job for 4 months-it is not possible that he ran up the 12.7 billion loss. It's quite possible, likely even, that the loss would have been greater had Bill Ford stayed on as CEO."

In that, I stand corrected. I was, and remain, infuriated by the report, and wrote too hastily, without forethought. Naetheless, I consider the amount of money paid for the amount of work that could be possibly done in that time frame to be, in a word, obscene. And further evidence, as if any were needed, that we in fact now live in a kleptocracy.

As for me being qualified to be a CEO, of course not. Even so, I can see the obvious when it spits in my face.

IMO, this event is an insult and slap in the face to every hard working man and woman in America - the whole world, for that matter.

"Finge web site". Oh, yeah; always did kinda-sorta like crazy folks. Birds of a feather, and all that, ya know.