Minimaniac
Benevolent Dictator
- Joined
- Dec 12, 2005
- Posts
- 455
The mergers are coming. Wall street has decided that mergers are a good idea. A CEO who wants to make money will sell himself to the whims of Wall Street because in the end, the majority of an airline CEO's compensation comes from stock sales. By catering to the wishes of some "guru" in NYC (who was last month the self-appointed savior of the textile/ fast-food/ automotive/ replacement widget industry), a CEO can raise the value of his stock options. Even the mere speculation of merger can make those theiving idiots-in-charge a few million richer overnight. If you think SJS is a problem in our industry, wait until merger-wealth envy flares up among the CEOs. Doug Parker is going to get that new GT500 first... who is going to one up him, and who is going to for that new Ferrari?