Rob Roy
Well-Known Member
....or shit on floors, you forgot that one.
I just might start shopping at Walmart
- Thread starter MuyLocoNC
- Start date
panhead
Well-Known Member
Heres a list of Enron Corporate Executives directly responsible for the scheme to defraud investors , all non union scab rat fucks .
Show me one single union member on this list of CEO's responsible , Enron Corporate was not controlled by any union . Your claims are 100% False .
Quote below taken from The Downfall of Enron .
Between January 1 and August 31, 2001, 20 top executives and directors sold 2,989,178 shares of Enron stock for a total of $116,977,511. At the top of the list was Lou L. Pai, chairman and CEO of Enron Xcelerator, who made $33,629,380. Next came Kenneth L. Lay, chairman and CEO, who made $16,103,181. Lay was followed by former president and CEO, Jeffrey K. Skilling, who made $15,554,700. Skilling abandoned Enron in August after holding the top job at the company for only six months.
Over the past four-year period, Enron’s top executives and directors took in nearly $600 million through the sale of company stock.
Under federal law, executives are only allowed to sell stocks during pre-announced specific times, typically inside windows between earnings reports. However, starting November 2000, many top executives began selling stock year-round on a regular basis according to a plan approved by securities regulators.
For example, Kenneth Lay sold 4,000 shares per day from November 1, 2000 until February 2001; 3,000 per day from February to April and 3,500 per day from May until August 21, the last day records were still available. Skilling sold 10,000 shares a week. The ability to sell shares continually this way was part of the deregulation of the securities industry.
In all, Lou Pai made $353.7 million from the sale of Enron stock while Lay sold $101.3 million worth of stock, or 24 percent of his stake in the company.
In addition, just days before filing for bankruptcy, Enron paid $55 million in retention bonuses to about 500 top executives. One quarter of that money went to just 11 people. Those 11 received payments ranging from $500,000 to $5 million. This was in addition to $50 million in bonuses paid earlier to 75 other executives.
Where is the unions hand in all that theft ? It isnt there , again you fail & you want to be taken serious
Red1966
Well-Known Member
Heres a list of Enron Corporate Executives directly responsible for the scheme to defraud investors , all non union scab rat fucks .
Show me one single union member on this list of CEO's responsible , Enron Corporate was not controlled by any union . Your claims are 100% False .
Quote below taken from The Downfall of Enron .
Between January 1 and August 31, 2001, 20 top executives and directors sold 2,989,178 shares of Enron stock for a total of $116,977,511. At the top of the list was Lou L. Pai, chairman and CEO of Enron Xcelerator, who made $33,629,380. Next came Kenneth L. Lay, chairman and CEO, who made $16,103,181. Lay was followed by former president and CEO, Jeffrey K. Skilling, who made $15,554,700. Skilling abandoned Enron in August after holding the top job at the company for only six months.
Over the past four-year period, Enron’s top executives and directors took in nearly $600 million through the sale of company stock.
Under federal law, executives are only allowed to sell stocks during pre-announced specific times, typically inside windows between earnings reports. However, starting November 2000, many top executives began selling stock year-round on a regular basis according to a plan approved by securities regulators.
For example, Kenneth Lay sold 4,000 shares per day from November 1, 2000 until February 2001; 3,000 per day from February to April and 3,500 per day from May until August 21, the last day records were still available. Skilling sold 10,000 shares a week. The ability to sell shares continually this way was part of the deregulation of the securities industry.
In all, Lou Pai made $353.7 million from the sale of Enron stock while Lay sold $101.3 million worth of stock, or 24 percent of his stake in the company.
In addition, just days before filing for bankruptcy, Enron paid $55 million in retention bonuses to about 500 top executives. One quarter of that money went to just 11 people. Those 11 received payments ranging from $500,000 to $5 million. This was in addition to $50 million in bonuses paid earlier to 75 other executives.
Where is the unions hand in all that theft ? It isnt there , again you fail & you want to be taken serious
Where did I say the union caused Enron's downfall? I said Enron had union employees.
Claims I made are true, you're trying to disprove claims I never made. That's dishonest.
panhead
Well-Known Member
You didnt work in a union long yet you claim to have wittnessed a " Union Boss " ripping off everybody's pensions , you also claim to know all about the inner workings of union companies & claim unions steal from their membership, then use those claims based on non existent experience to claim unions only exist with the help of government prevailing wage laws & unions equal sloth , thats a whole lotta conjecture on your part
Your talking about repairing equipment on Bobs Party Store & im talking about $500 million dollar projects like Ford factories , US Embassies & 90 story high rises .
I speak from 32 yrs experience of working in trade unions where your speaking from no experience,conjecture & political views , i cant see anybody taking your anti labor talking points seriously , the shit your spewing is like reading an article on growing pot then claiming to know about growing
panhead
Well-Known Member
Nice word play , in your initial post your exact words were " Enron was Union " not Enron had union employees , therefore making your claim false , Enron was not a unionized corporation , they used some union workers & only when they had to , big difference between the 2 , again nice word play on your part .
You also said Golden Parachutes have nothing to do with Mismanagement, again 100% false & utterly ridiculous.
And im deluded
whitebb2727
Well-Known Member
Dude now you talk about government unions which you probably have no first hand knowledge of. My dad worked as a department of defense employee for 30 years. I can tell you they greatly benefited from their union.
I doubt you have any real experience with unions. You might have had one job in a union and something happened, probably not even the unions fault.
The people here and myself that have been part of unions are saying what your saying is not true.
Union workers make better money and better benefits than their non union counterparts.
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Red1966
Well-Known Member
Proving yourself not only wrong, but my claim true
A "Golden Parachute" is a separation agreement agreed to prior to hire. May not even apply to management at all. You may have one where you work. They also call it "severance pay".[/QUOTE]
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Red1966
Well-Known Member
Not always. I make better money and better benefits than my union counter parts
Padawanbater2
Well-Known Member
Not to mention the power of collective bargaining
whitebb2727
Well-Known Member
You're the exception not the rule.
panhead
Well-Known Member
Haha , $500 million dollar severance pay split between a few scab management ceo's who's business skill ran the company into bankruptcy & left thousands of peoples 401k's devastated .
Severance pay ! That was a good laugh Tell that to the retirees who lost their homes so your scab buddies could buy matching yachts with their severance pay .
Severance pay ! That was a good laugh
Tell that to the retirees who lost their homes so your scab buddies could buy matching yachts with their severance pay .
UncleBuck
Well-Known Member
he works a kushy government job (while telling everyone how horrible government workers are).
Nope didn't work for the plumbers steam fitters but around a year, and teamsters for a couple of years, Yea ive seen the union guys driving around in new trucks and caddys, yea ive seen the most worthless POS shit working in the union,(seen some real good men working in the u nion also) and I always worked well with them all, yea ive seen the plumbers at the meeting have fucking straight come aparts , about to whoop some ass come aparts because someone fucked up their pension plans, yea ive heard of guys going to jail for theft and embezelment of union funds at those same union meetings,You didnt work in a union long yet you claim to have wittnessed a " Union Boss " ripping off everybody's pensions , you also claim to know all about the inner workings of union companies & claim unions steal from their membership, then use those claims based on non existent experience to claim unions only exist with the help of government prevailing wage laws & unions equal sloth , thats a whole lotta conjecture on your part
Your talking about repairing equipment on Bobs Party Store & im talking about $500 million dollar projects like Ford factories , US Embassies & 90 story high rises .
I speak from 32 yrs experience of working in trade unions where your speaking from no experience,conjecture & political views , i cant see anybody taking your anti labor talking points seriously , the shit your spewing is like reading an article on growing pot then claiming to know about growing
Hmmm around here we have had apex sheet metal go under. Got some good deals from the auctioning of their equipment,, frank irish go under , 400 plus union electricians laid off sitting the bench, sheet metal workers riding the bench, Snodgrass sheet metal barely staying in business,ACE air out of business(sheet metal workers union that did hvac work)
face it the unions cannot compete in a free market, if they did not have politicians and other unions protecting them they would not survive, many of them are not surviving, they cant compete in a free market, for two reasons, one is they are terribly mismanaged the other is their labor sucks them dry,
If it were not mostly for school work, public projects and government cronyism most union contractors would not be able to exist,
I worked with fritz Wilhelm , son of the owner of Wilhelm construction, you know who Wilhelm construction is don't you? why the guy worked as a electrician for another company ill not know, his daddy owns one of the largest union construction companys in north America.
He is a good man but a ass hole, but I like the guy, he got shit done and his men WILL listen to him , or else,
Nope never worked on a 90 story building but plenty of them 30 storys, large power switch stations, telephone switch stations, car manufacturers, mostly Japanese plants,(they never hire union contractors)
Why is it you union guys would try and make believe it takes someone some mystical power to read a blue print and spec sheet, then order your materials and organize a job so it flows well,Its really not that hard at all, at least for me,
Oh by the way those little contracts , like changing out RTUs(roof top units) up to several hundred tons of cooling make more profit than any construction jobs you can ever think of,
You know those little maintenance contracts, Yea there is way way way more money in them then any construction job,These little contracts make a mechanical company huge profit.
What makes a construction company profit on a job is CHANGE orders,
Just thought id throw that in so you know im bull shitting you again,
I just listed a company that out pays the union,as far as electrical and mechanical companys go,There are piles of them that out pay union companys for top talent,
If you walk into a union company and that company sees talent in you and wants to pay you what you are worth because of that talent , some union member will bitch,
The average federal government union member earns with bennies over 6 figures, now I want you to imagine at your local DMV the person behind the counter helping you earning 6 figures for fucking up your license plates,
The reason they earn more than they are worth is because some politician funnels money through their pay checks so it comes back to them through kick backs and pay offs through either the union or in the case of some republicans through the corp contractor kicking back money,
Kind of like the hildabeast doing favors for Russian companys kicking her non profit back 150 million dollars ,she forgot to put it on her tax records,
Imagine that,When you are talent you get paid more
Red1966
Well-Known Member
You have to stop making up bullshit to support your ideology. Your employer going bankrupt doesn't harm your 401k. Management aren't scabs, either. You don't seem to understand what a "scab" is. A "Golden Parachute" isn't split with anybody.. Retirees aren't affected by a former employer going bankrupt. You seem to no nothing at all about unions, 401k's, or bankruptcy. You know nothing, but sure have opinions.Haha , $500 million dollar severance pay split between a few scab management ceo's who's business skill ran the company into bankruptcy & left thousands of peoples 401k's devastated .
Severance pay ! That was a good laugh