Chicken Taco
User.... of What??
- Joined
- Dec 17, 2004
- Posts
- 110
SlapShot said:You mean W.H. is not an operations genius?
I've had the umm..pleasure of having a conversation with him. He may be well versed in theory, but all he can do in practice is sit across the table and say (best Bill Lumbergh imitation) "We'll have to see if we can do anything with that, but it doesn't look likely right now, mkay..." He's a tool who has been riding BB's coat tails for years. I'm just hoping he gets caught as a responsible party for falsifying records again like he did at XJ, so we can all send him cards while he's in "White Collar Country Club Prison."
And dare I actually say this, but I agree with Mr. Legacy Driver. The employees (myself included) are pissed because BB and the directors picked up a few million shares at $1.75-$4.00 per, and we got a nice mailing from the underwriters saying that if we wanted to buy in on the day of the IPO, they would allow us to with no "customary fees" for just the street price of the stock. So while BB is cashing out $10/share profit, any employees that bought in are still negative. Oh, and we knew an IPO was in the works, so we had the forethought to include the following in our CBA:
Article 14: Benefits:
J. Stock Purchase
Should the Company complete an IPO, the Company shall make a good faith effort to develop an employee stock purchase program. In any such program, the pilots will be able to participate at the same level as management and other eligible Company employees.
Lot of good it did us..
..CT