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As Jack G. Grubman explains in his letter of resignation (pdf), he is a victim. He made $20 million a year shilling WorldCom and other plunging telecom stocks, he now has Salomon Smith Barney’s $32 million severance package in his back pocket; but, feel sorry for him. The NY Times calls his letter "a whinefest worthy of a 6-year old."
posted by found missing on Aug 18, 2002 - 20 comments

“There are ethical ways to cut costs,

“There are ethical ways to cut costs, and then there is executive greed. Your comment at the recent shareholder's meeting will be your legacy, like it or not (‘I have to make that much money, I have an expensive wife.’).” –says a disgruntled EDS employee to his CEO, Dick Brown in an internal company memo. FuckedCompany rides the corporation bashing bandwagon and branches out to give you further insight into some of your favorite companies. Subscribers to the mother site get complete access. Non-subscribers can view the free rotating posts. Described in NYTimes (password).
posted by found missing on Jul 29, 2002 - 9 comments

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