Too Big to Fail: An Executive Suite True-Life Tale

Feb 27, 2012 Full story: ourfuture.org 15
Stephenson saw his pay drop less than 9 percent for an executive performance that dropped AT&T annual earnings by 52 percent.

If a blunder you committed cost your employer $4 million, how long would you stay employed? In America today, a CEO can cost his company $4 billion and still collect both a paycheck and a bonus.

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Eleanor

Mundelein, IL

#1 Feb 27, 2012
If you don't like how AT&T handles personnel issues, then don't work for them. If you don't like how they do business, use another provider. If you don't like their stock performance, don't buy their stock.

If you really think AT&T is WAY OUT OF LINE, then start your OWN telecom company and see if YOU can do a better job (without going broke).

“Kiss Me You Fool!”

Since: Jan 08

Atlanta via Brooklyn NY

#2 Feb 27, 2012
"I've abandoned free market principles to save the free market system."

--George W. Bush, Washington, D.C., Dec. 16, 2008
abby

Houston, TX

#3 Feb 27, 2012
at&t: worst telephone company in the US

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#4 Feb 27, 2012
Eleanor wrote:
If you don't like how AT&T handles personnel issues, then don't work for them. If you don't like how they do business, use another provider. If you don't like their stock performance, don't buy their stock.
If you really think AT&T is WAY OUT OF LINE, then start your OWN telecom company and see if YOU can do a better job (without going broke).
If I did, I would not pay myself a giabnt bonus for loosing half of the year's profit. NO.

And, Mr_Bill is an ATT stockholder; has been for 432 years, since the "old ATT".

“Yeah, but...”

Since: Sep 11

MILKY WAY

#5 Feb 27, 2012
Interesting question posed here:
"If a blunder you committed cost your employer $4 million, how long would you stay employed?"

About how much did Obama cost us so far?
A good bit more than $4M.
About how long should he remain in this postion?

Since: May 11

Location hidden

#6 Feb 27, 2012
It doesn't matter WHAT company we are discussing. The fact is, it is WRONG to treat business executives this way because it's not costing the company any money, it's costing the consumers who purchase the products.

Don't think for a moment that AT&T is going to eat 4 million dollars for a blunder caused by an executive. The reason they aren't upset with Mr. Stephanson is because they haven't really lost a dime. They will simply pass this loss onto their customers and WE will suffer the consequences.

Not ONLY does Mr. Stephenson make 100 times more than most of us, he can f*ck up big time and his only concern is not getting a 2 million dollar bonus. In the meantime, AT&T is figuring out ways to dupe its customers out of more money to make up the loss of Mr. Stephenson's bad.

Wake up, people. Do you really like being screwed ten ways to Sunday? Do you like being taken advantage of because you're a consumer? You think it's OK that companies take from us to pay outlandish salaries and bonuses to money-losing executives?

This isn't just AT&T. These companies are stealing us blind in order to keep the upper echelon (which isn't all that terrific) living large. It's wrong, it should stop.

And AT&T will be my FORMER phone company when my contract is up next. I'm tired of them tacking on charges every single month for services I don't even have, hoping I won't notice. Guess that's how they're paying for the stupidity of their executives.

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#7 Feb 27, 2012
Mr_Bill wrote:
<quoted text>
If I did, I would not pay myself a giabnt bonus for loosing half of the year's profit. NO.
And, Mr_Bill is an ATT stockholder; has been for 432 years, since the "old ATT".
That is, 42 YEARS...

“Jesus beat satan”

Since: Nov 07

Location hidden

#8 Feb 27, 2012
Kill'hem...abolish at&t.

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#9 Feb 27, 2012
SirPrize wrote:
Interesting question posed here:
"If a blunder you committed cost your employer $4 million, how long would you stay employed?"
About how much did Obama cost us so far?
A good bit more than $4M.
About how long should he remain in this postion?
Liar.

You noodles continue to incorrectly blame Obama for the economy he inherited. You are deliberate Liars; Probably lying neo-conservatives, or FOXLIES fans.
paul duray

Piscataway, NJ

#10 Feb 28, 2012
I HOPE WE MEMBERS OF THE CWA WILL GO ON STRIKE, OUR CONTRACT EXPIRES IN MARCH ! WE HAVE MORE REASONS TO GO ON STRIKE......GO COMMUNICATIONS OF AMERICA ! DON'T FORGET TO AUX OUT ON YOUR DESK PHONES !

“Jesus beat satan”

Since: Nov 07

Location hidden

#11 Feb 29, 2012
Can I sue at&t for selling my right to privacy by letting people TAP my freakin' PHONE for YeARS??
Eleanor

Mundelein, IL

#12 Feb 29, 2012
Zena Princess wrote:
Can I sue at&t for selling my right to privacy by letting people TAP my freakin' PHONE for YeARS??
So, there is someone out there that THINKS what you say on the phone is IMPORTANT enough to listen in??

Or, maybe paranoia has gotten the best of you?

“Jesus beat satan”

Since: Nov 07

Location hidden

#13 Feb 29, 2012
Eleanor wrote:
<quoted text>
So, there is someone out there that THINKS what you say on the phone is IMPORTANT enough to listen in??
Or, maybe paranoia has gotten the best of you?
Yes. And I've been followed around for even longer than I was aware of.....but there are UFOs and ETs hanging around here all the time at nite I can see them. WHY??? I want to know WHY?? You want to see some pixs and vids I've gotten of them? Webshots.com/Democratbrat
I've had enough! I want to meet and talk to them with the knowledge of who they are dam it! Sometimes they wake me up at nite and have touched me now and then.....that gives me the right to tslk and meet them! If not, then if I have to investigate to find a way to prove it's humans doing this, then a lawsuit is in site!

Since: Sep 11

Location hidden

#14 Feb 29, 2012
Zena Princess wrote:
<quoted text>
Yes. And I've been followed around for even longer than I was aware of.....but there are UFOs and ETs hanging around here all the time at nite I can see them. WHY??? I want to know WHY?? You want to see some pixs and vids I've gotten of them? Webshots.com/Democratbrat
I've had enough! I want to meet and talk to them with the knowledge of who they are dam it! Sometimes they wake me up at nite and have touched me now and then.....that gives me the right to tslk and meet them! If not, then if I have to investigate to find a way to prove it's humans doing this, then a lawsuit is in site!
U is NAPPY!

“Jesus beat satan”

Since: Nov 07

Location hidden

#15 Mar 1, 2012
Vandalia Guy wrote:
<quoted text>U is NAPPY!
Come to the Capitol hill library on a clear nite and take some pixs of them. Otherwise you're a coward and doing nothing but flapping ur gums.

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