Impeach Bush

Dedicated to exposing the lies and impeachable offenses of George W. Bush.

Thursday, May 01, 2008

Paying for Failure

May 19, 2008 (issue)
Paying for Failure

Sprint first paid him $6.5 million in cash and stock just to leave BellSouth, where he was the number two executive. Sprint also bought Forsee's house in Atlanta before he moved to Kansas City. Once on the job Forsee was paid between $1.5 million and $5 million a year. His only real claim to fame while running Sprint was engineering the disastrous Nextel merger and watching its stock price tumble from $25 two years ago to $7.40.

At the end of 2007 he was fired "without cause." But he had negotiated well. Sprint gave him $40 million, including a $1.5 million salary through 2009, $5 million in bonuses, stock options and restricted shares worth $23 million and an $84,000-a-month pension for life. This package was structured under his contract as if he were still running the company and had met all his goals. Oh, Sprint also paid for "outplacement services" that landed him the presidency of the University of Missouri (where his annual salary and bonus amount to $500,000).

With Ford's pay scale on steroids, directors then set at ankle height the performance bar its bosses must clear to hit the jackpot. Their "profit" goal in 2007 was to lose only $4.9 billion, excluding special items. It hit that goal, losing $3.9 billion. For beating the bogey, Chief Executive Alan Mulally got $12 million, including a $7 million bonus. Ford's shares fell 10% last year. Can he rescue this firm? If--and when--he does, shareholders won't mind a $12 million cost.

Labels:

30 Comments:

At August 13, 2011 at 5:35 PM , Anonymous Anonymous said...

get facebook likes
buy facebook likes

http://islandora.ca/node/406 http://www.gameculture.com/2011/03/02/red-bull-augmented-racing
facebook likes get facebook likes 1000 facebook likes
Not something like anti virus or media player, but something like desktop clock, desktop effects, etc.

buy facebook likes buy facebook likes [url=http://1000fbfans.info]facebook likes [/url] 1000 facebook likes

 
At February 20, 2013 at 12:05 AM , Anonymous Anonymous said...

buy tramadol online tramadol dosage and dogs - tramadol buy

 
At February 20, 2013 at 8:44 PM , Anonymous Anonymous said...

buy tramadol online purchase cheap tramadol online - safe order tramadol online

 
At February 21, 2013 at 8:30 PM , Anonymous Anonymous said...

xanax 1mg xanax dosage rls - what are the effects of the drug xanax on the cns

 
At February 22, 2013 at 10:48 AM , Anonymous Anonymous said...

xanax online xanax 031 side effects - xanax and alcohol party

 
At February 22, 2013 at 5:46 PM , Anonymous Anonymous said...

buy carisoprodol carisoprodol 350 mg and hydrocodone - generic brand carisoprodol

 
At February 23, 2013 at 8:33 AM , Anonymous Anonymous said...

generic xanax what is xanax drug used for - order xanax online without rx

 
At February 23, 2013 at 1:48 PM , Anonymous Anonymous said...

buy tramadol ultram buy tramadol cod online - tramadol joint swelling

 
At February 23, 2013 at 10:24 PM , Anonymous Anonymous said...

generic xanax alprazolam 0.5mg effects - buy xanax 3mg online

 
At February 24, 2013 at 5:49 AM , Anonymous Anonymous said...

buy tramadol online buy tramadol using mastercard - tramadol hexal 100 mg

 
At February 24, 2013 at 10:06 PM , Anonymous Anonymous said...

buy tramadol online tramadol addiction blue light - buy tramadol hydrochloride 50mg

 
At February 26, 2013 at 2:32 AM , Anonymous Anonymous said...

xanax online drug interactions between xanax and ambien - xanax effects what part of the brain

 
At February 27, 2013 at 10:48 AM , Anonymous Anonymous said...

buy tramadol online tramadol hydrochloride 50mg for dogs - buy tramadol online overnight usa

 
At February 27, 2013 at 6:44 PM , Anonymous Anonymous said...

buy tramadol online tramadol hcl info - tramadol 150mg

 
At March 2, 2013 at 7:44 AM , Anonymous Anonymous said...

buy cialis online cialis reviews forum - cialis online pharmacy us

 
At March 4, 2013 at 6:39 AM , Anonymous Anonymous said...

cialis online cialis cheap - generic cialis trial pack

 
At March 5, 2013 at 7:42 AM , Anonymous Anonymous said...

http://landvoicelearning.com/#74967 tramadol hcl 50 mg tab side effects - ultram for dogs pain

 
At March 5, 2013 at 1:12 PM , Anonymous Anonymous said...

http://buytramadolonlinecool.com/#51726 tramadol 50mg tablets what is it used for - tramadol dosage chart dogs

 
At March 5, 2013 at 8:46 PM , Anonymous Anonymous said...

http://buytramadolonlinecool.com/#63102 cheap tramadol online usa - buy tramadol online with echeck

 
At March 6, 2013 at 10:54 AM , Anonymous Anonymous said...

can you buy tramadol online legally buy tramadol with cod - tramadol hcl generic ultram

 
At March 7, 2013 at 7:01 AM , Anonymous Anonymous said...

http://landvoicelearning.com/#63987 where to buy tramadol online forum - 2 50 mg tramadol

 
At March 7, 2013 at 11:00 PM , Anonymous Anonymous said...

http://landvoicelearning.com/#74967 tramadol hcl 377 - zydol tramadol dosage

 
At March 8, 2013 at 3:52 AM , Anonymous Anonymous said...

http://landvoicelearning.com/#51438 tramadol for dogs with cancer - picture of generic tramadol

 
At March 10, 2013 at 4:23 AM , Anonymous Anonymous said...

buy tramadol overnight tramadol 50mg biogaran - european online pharmacy tramadol

 
At March 10, 2013 at 8:29 AM , Anonymous Anonymous said...

http://landvoicelearning.com/#63987 tramadol 50 mg a narcotic - tramadol dosage forms

 
At March 10, 2013 at 7:56 PM , Anonymous Anonymous said...

http://landvoicelearning.com/#21906 tramadol qt - tramadol 50 mg for ultram

 
At March 13, 2013 at 1:47 AM , Anonymous Anonymous said...

ways to buy ativan online interaction between ativan and alcohol - order ativan online canada

 
At March 15, 2013 at 7:00 PM , Anonymous Anonymous said...

Me and ozzy fucked tougher, trying to show to my own god!

FUCK YES!' ahead of cumming inside my warm pussy. were still fucking

My web blog ... hcg injections

 
At March 18, 2013 at 1:47 AM , Anonymous Anonymous said...

buy tramadol online tramadol 50 mg vs hydrocodone - tramadol hydrochloride purchase

 
At March 19, 2013 at 6:48 PM , Anonymous Anonymous said...

http://staam.org/#90723 buy cheap tramadol online usa - tramadol online apotheke

 

Post a Comment

Subscribe to Post Comments [Atom]

<< Home