"Making my bed. Fortunately someone comes around and makes it for me."
-- Donna Shalala, retiring from the board of directors this spring, in a 2006 interview with The New York Times about her 9,000-square-foot home in Coral Gables, Fla. Shalala, 70, president of the University of Miami, was fighting efforts by "low-wage janitors at her campus to win a living wage,'' political blog Wonkette reported at the time. In 2009, Gannett paid Shalala $92,607 in director fees. Her total haul since joining the board in 2001: $758,749, company documents show.
Earlier: Shalala says everyone has a right to good health insurance
Earlier: Shalala says everyone has a right to good health insurance
I'm indebted to Anonymous@9:38 a.m. for steering me to the Wonkette item and NYT story. Thank you!
ReplyDeleteGood riddance! She and that Hastie Whatever should have been booted from the board years ago. Never did a damn thing for the shareholder. Just filled their own pockets.
ReplyDeleteShalala couldn't wait to collect her pay for board meeting attendance, just like the rest of them. And who bought her 29-foot motorboat? Martore - for use in Cape Cod?!
ReplyDelete"Someone" is making her bed. "Someone" - that's rich beyond belief. She gave a rat's behind how the board was run.
ReplyDeleteShe left with millions, thanks.
ReplyDeleteAnother example of the extremely rich having no regard for anyone but themselves. Sadly, most board members for most American companies are just like her.
ReplyDeleteAnother poster child for why the Bush tax cuts should have expired for the wealthiest 2 percent.
ReplyDeleteLeona Helmsley and Donna Sha-la-la-la:
ReplyDeleteSeparated at birth.
It shows you just how disconnected these people are from working class Americans... Ms. Shalala served in the Clinton era, a Democrat, but sadly just a label. She has embraced, in every way, the system that she and others like her rebelled against in the sixties. Don't know if her resignation is a good thing. Nothing Corporate America does anymore is good for the working stiff.
ReplyDeleteSorry in advance for my indulgence here….but 12:38, please save your politics for another forum; though do some research first on: how income is but one factor; and how much the Obama’s earned in 2000 while they struggled with bills (hint: $240k). Now, ten years later despite inflation, higher overall taxes and plans to add more to families at that level, they and people like you wrongly connect their lifestyles to the likes of Shalala. You obviously don’t live in D.C., Westchester or other costly Gannett markets.
ReplyDeleteThe headline could have read:
ReplyDelete"The boardmember chore I like the least."
Holding senior executives accountable for a falling stock price, diminished standing in the media industry, and thousand and thousands of unhappy, leaderless employees.
This is 12:38 here, 10:32. Cry me a river about struggling on $240K in an expensive area of the country. I live right outside one of those expensive areas you listed. Try paying your bills on the paltry $38K that Gannett pays you, with furlough weeks added on, that is, before I and thousands of others were laid off.
ReplyDeleteAnd yes, I do put a bit of politics here. Mainly because people like Shalala and Dubow are proof that keeping taxes low for the rich people DO NOT create jobs. If anything, it just encourages them to cut more.
If anything, it just encourages them to cut more.
ReplyDeleteI would say it just makes them more greedy! Create jobs???? LOL!
Sha la la la was at the forefront of the drive to cut 20,000 jobs by 2012. Then she leaves. Just sayin'.
ReplyDeleteSha la la la, sha lala la, hey hey, goodbye.
ReplyDelete