American ready for bankruptcy as vote deadline nears (merged)
Join Date: Mar 1999
Posts: 363
Likes: 0
Received 0 Likes
on
0 Posts
I guess I`m missing something! Arpey has been prsident of American Airlines for quite some time, he is now president and CEO! Thus he must have been fully aware of and endorsed the executive retention plan along with dirty Don. For that matter Brennan, former CEO of Sears Roebuck has been on the AMR board of directors for a decade or two.
This old boy club where you sit on my board and I`ll sit on yours, pick up loadsa dosh and travel perks for showing up at a few board meetings and the annual general meeting, I`ll approve rediculous salary and benefits for you if you do for me has to change.
The people telling us that you have to have a multi million dollar package to attract these people are these people themselves!
Sure once you are in the club you will want a multi million dollar package to move within the club! Lets get someone who is not in the club, they could`nt do any worse!
This old boy club where you sit on my board and I`ll sit on yours, pick up loadsa dosh and travel perks for showing up at a few board meetings and the annual general meeting, I`ll approve rediculous salary and benefits for you if you do for me has to change.
The people telling us that you have to have a multi million dollar package to attract these people are these people themselves!
Sure once you are in the club you will want a multi million dollar package to move within the club! Lets get someone who is not in the club, they could`nt do any worse!
