Comment on Node ant

John Rudzis — Wed, 19 Nov 2008 18:46:13 -0500

Reorganization through the Chapter 11 process provides the best opportunity for releasing the “Big 3” major U.S. automobile manufacturers from their suffocating encumbrances and allows them a return to profitability. Impractical state and local dealership regulations, onerous labor union contracts, ineffective CAFE standards, etc. continue to prevent our automobile industry from competing on a level playing field with their foreign counterparts.

Comment on Node ant

John Rudzis — Sun, 16 Nov 2008 14:49:22 -0500

Thank you for an enlightening discussion in your article, as well as to those in the subsequent postings. It is often amusing to hear or read of executives’ justifications for their obscenely high pay packages. Add to your example of aligning executive to shareholder interests, that shallow and over-used excuse, “to attract and retain the best and the brightest”.
No doubt effective leaders should be fairly compensated for the value they bring to their organization, community and the marketplace.