Airlines Cut Minimum Pilot Experience to 500 hours and Below

On Nov 26, 5:40 pm, "Gatt" wrote:

If they had made billions she would have been worth the 40-odd million
dollars they blew showing her the door, wouldn't they?
How many engineers--who actually contributed to the success of the
company--can you hire for forty million dollars they paid to fire her.

They paid what they needed to to get the CEO they thought they needed.
Its easy to Monday Morning Quarter back when you've not been in the
board room. Maybe you would have been a better chairman of their
board, who knows. Maybe you should apply for the position.

Sure the owners can do whatever they want. But they're not doing it with
my stock investments. I'll save it for a company who doesn't have its head
up some bazillionairre's ass.

You should do that. You should not invest your money in any company
you don't feel comfortable investing in. If enough people argued with
you HP's stock would be nearly worthless and they would probably not
last long.

All this bull**** about "risking money" might sound great in a boardroom or
on Wall Street, but when people's livelihoods are at stake it's about equal
to talking about it in Vegas.

Now that is a different argument. What you are arguing now is the
primary purpose of a company. To me, the primary purpose of a for-
profit company is to maximize return to their investors. In fact in
the U.S. companies have a legal, fiduciary responsibility to do just
that. That is a central tenant of capitalism. There are other forms of
economic policies in other countries that make employment a core
mission of companies. In fact employment for the workers of a country
is a central tenant of communism as well as a core tenant of more left
leaning socialist countries ("Worker's Party", "People's Republic",
etc).
To say one type of economy is better than another is largely
philosophical issue. However, I would argue that employees in
capitalist countries fair far better than those in communist and
restricted socialist countries.

-Robert