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  • Re: Judge strikes down Elon Musk’s massive, multi-billion-dollar pay pa

    From john larkin@21:1/5 to bloggs.fredbloggs.fred@gmail.com on Wed Jan 31 10:31:12 2024
    On Wed, 31 Jan 2024 08:21:44 -0800 (PST), Fred Bloggs <bloggs.fredbloggs.fred@gmail.com> wrote:

    Every single company the joke works for past and present wants this scourge out of their operations and off the premises. Legal arguments of the defense are as absurd as he is. This is the age of grifters.

    https://www.cnn.com/2024/01/30/investing/elon-musk-pay-package-thrown-out/index.html

    People who start trillions of dollars worth of businesses can often
    get a fraction of the created value as a payoff. Nothing but jealousy
    explains objections to that.

    A tech billionaire doesn't consume much more food or air or even
    housing than the general population and often does them a lot of good.
    Their wealth is mostly pieces of paper or bits spinning on a drive
    somewhere.

    You should create something and grift a bit yourself. We won't mind.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From John Larkin@21:1/5 to All on Wed Jan 31 17:21:40 2024
    On Wed, 31 Jan 2024 14:25:14 -0800 (PST), whit3rd <whit3rd@gmail.com>
    wrote:

    On Wednesday, January 31, 2024 at 10:31:35?AM UTC-8, john larkin wrote:
    On Wed, 31 Jan 2024 08:21:44 -0800 (PST), Fred Bloggs
    <bloggs.fred...@gmail.com> wrote:

    Every single company the joke works for past and present wants this scourge out of their operations and off the premises. Legal arguments of the defense are as absurd as he is. This is the age of grifters.

    https://www.cnn.com/2024/01/30/investing/elon-musk-pay-package-thrown-out/index.html
    People who start trillions of dollars worth of businesses can often
    get a fraction of the created value as a payoff. Nothing but jealousy
    explains objections to that.

    Oh, that's so WRONG. The people 'who start' may be good with gab and
    smiles on camera, but the people who PAID IN to get things happening
    were being ripped off by serving all the greens to the smiley-face.

    Then don't pay in and you won't be ripped off.


    Elon deserves what his stake in the company amounts to, just like
    the other stockholders do. His stake is quite adequately large for >compensation, even if he has to do extra smiles... the judge
    will also allow him a bonus as an executive, but... the executive position
    is NOT more important financially than stock ownership.

    If the shareholders don't want him to have a bonus, he won't get one.
    Nothing to get worked up about.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)