UAL Mgmt gets $130 mill in stock, and noone here cares?

[mrnolmts]

Saw this article and figured there must be some kind of discussion going on here, but couldn't find it.
What's going on???

http://www.chicagotribune.com/travel/chi-united-incentive-pay-flap-story,0,1051413.story

 

[HalinTexas]

Priorities.

That's because some of us are unemployed and looking for work.

I don't recall ever working this hard.

Is b!tching about it here going to put money in my pocket?

 

[Superpilot92]

What a bunch of crooks!! They should all be in prison. How can they get away with that after they just posted the losses they did?

 

[Andy Neill]

Hey, look on the bright side....it's worth a lot less today.

 

[Mr.B]

What a bunch of crooks!! They should all be in prison. How can they get away with that after they just posted the losses they did?

AND.....approx. 50% of that loss was a $250M dividend to THEMSELVES

 

[Superpilot92]

AND.....approx. 50% of that loss was a $250M dividend to THEMSELVES

like i said what a bunch of crooks! uke: Nothing like getting paid millions to run a great company like UAL into the ground. They come in and work for a company for a couple years and set themselves up for life. All while destroying thousands of peoples careers and retirements that have invested their entire lives into these companies. makes me sick

 

[CopilotDoug]

They just got themselves a boatload of stock. How can they make it go up, so they can profit? Sell UAL.

 

[Dizel8]

"The new incentive plan's 8 million shares will provide the company the opportunity to make awards over the next three to five years, enabling us to attract, retain and reward exceptional senior leaders," said United spokeswoman Jean Medina."

Maybe they should just hire some high school grads, don't think they could do any worse than Filthon and his gang.

 

[Yuppyguppy]

WTF?
over