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Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?

Posted by Ohioguy on 2001-05-18 12:04:57

In reply to An Observer

There's a tendency to justify these outrageous "Golden Parachute" deals by pointing to the just-as-looney standards for top CEO compensation. Let's have some perspective here. What was Shaheen's "risk" when he left Anderson -- that he'd be forced to settle for a $2-million-a-year job after Webvan, since he would be too tarnished to get another $4 million job like he had at Anderson? That his savings from his Anderson job would run out, and he'd be forced to live in a refrigerator box, eating Alpo?

I say it's time to replace the "Golden Parachute" with the "Golden Bungee Cord." Give the failed CEO a nice severance check, attach the giant rubber band to his ankle, and let him fly out the corner office window. This way, the CEO is unharmed, yet he gets to know what his stockholders felt like when their share prices plummeted.


*	Topic	Author	Date
	Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?	ECT News	2001-05-17 17:44:06
	Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?	Dave	2001-07-09 18:26:06
	Shaheen To Ride?	kjm	2001-07-09 18:24:52
	Re: Shaheen To Ride?	ohioguy	2001-07-11 14:49:43
	Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?	Ed F.	2001-07-09 18:17:59
	Shaheen's Ride	Ed Stepans	2001-07-09 17:41:46
	Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?	DBA	2001-07-09 14:38:34
	Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?	wilsonart	2001-07-09 15:39:31
	Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?	Larry Maurer	2001-07-09 14:24:55
	Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?	Conmaher	2001-07-09 14:09:40
	Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?	Robin Adair	2001-07-09 13:51:43
	Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?	pikapp22	2001-07-09 14:29:54
	Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?	george	2001-07-09 13:22:13
	Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?	Investor	2001-07-09 12:59:54
	Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?	Suckered	2001-05-31 18:11:50
	Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?	Scheme Bot	2001-05-20 08:05:35
	Shaheen - Whither Old Economy Consultants???	Vishal	2001-05-19 16:49:26
	Re: Shaheen - Whither Old Economy Consultants???	Noelle	2001-05-21 10:12:03
	Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?	Bill Sanders	2001-05-18 06:46:50
	Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?	Jackson	2001-05-18 05:48:08
	Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?	Martin	2001-05-18 10:25:16
	Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?	An Observer	2001-05-18 03:25:13
	Re: Did Shaheen Take Webvan for a Ride - or Vice-Versa?	Ohioguy	2001-05-18 12:04:57

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