tag:blogger.com,1999:blog-32914592.post5408015064859914990..comments2024-02-21T14:18:09.212-08:00Comments on R World: The Negative BonusRon Davisonhttp://www.blogger.com/profile/11972794876337195698noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-32914592.post-82275569891191837022009-07-27T16:15:05.258-07:002009-07-27T16:15:05.258-07:00Gee, it's really hard to follow such a brillia...Gee, it's really hard to follow such a brilliant comment! Wish I had thought of that, even though I'm now on Medicare and don't have to worry about my health care.<br /><br />But to follow Ron's train of thought, there is a timing problem here. The executives make the risky decisions, book the short term profits, get their big bonuses, and buy their $15 million brownstones. When their deals fall apart three years later, they just retire to Florida, worst case.<br /><br />This was the terrible fate of many executives disgraced in last year's debacle - they were exiled to Palm Beach!<br /><br />Since these guys will never agree to a give-back, we've just got to have regulation that prevents these inscrutable high-risk deals from happening in the first place...at least in companies that have their stock in the market, such as Goldman Sachs.Lifehikerhttps://www.blogger.com/profile/00087215544010279426noreply@blogger.comtag:blogger.com,1999:blog-32914592.post-47720492943391724652009-07-27T06:59:07.912-07:002009-07-27T06:59:07.912-07:00Maybe we all should be like a commissioned salespe...Maybe we all should be like a commissioned salesperson. You would only be paid upon successful implementation and sale of a product not on the advice given. If we all would agree to that, then all companies would always be profitable since employee compensation is generally the largest expense. Further, then when we can't pay our bills, we will still have health care...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32914592.post-31738711211598679752009-07-27T06:25:04.363-07:002009-07-27T06:25:04.363-07:00i suspect they do see it as losing money, since th...i suspect they do see it as losing money, since they consider those bonuses part of their salaries.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32914592.post-12198850232669260752009-07-27T06:24:58.364-07:002009-07-27T06:24:58.364-07:00i suspect they do see it as losing money, since th...i suspect they do see it as losing money, since they consider those bonuses part of their salaries.Anonymousnoreply@blogger.com