Grumman-581 wrote:
"gatt" wrote in message ...
The best way to solve this problem would be to take the CEO, shoot him
through the head and hang his corpse from a Wall Street lamp post so that
every other executive out there remembers, for example, why the french still
celebrate Bastille Day. But we can't do that.
Who says you can't? Feel free... I won't tell...
I believe the CEO is at the crux of the problem and therefore leads to a
possible solution. You don't need to shoot him. What you need to do is require
any company that contemplates a federal buyout of its pension problems to limit
management renumeration to 10 times that of their average worker... in keeping
with what typical Japanese CEOs earn, even of the largest corporations. The
days of screwing the workers and taxpayers while management continues to rake in
millions has to end.
If they want to have the workers and taxpayers take a hit, EVERYONE should feel
the pain. When management's wallets are being affected, you can be sure they'll
look for better ways to manage their pension funds.
--
Mortimer Schnerd, RN
VE