tag:blogger.com,1999:blog-8099437767970534324.post2949029309230156887..comments2023-11-05T06:26:51.316-05:00Comments on Gannett Blog: How the Teamsters nearly beat Gannett's board; 'golden parachutes' vote was surprisingly closeJim Hopkinshttp://www.blogger.com/profile/16712746705871119746noreply@blogger.comBlogger21125tag:blogger.com,1999:blog-8099437767970534324.post-27521714662493749062013-05-17T22:49:57.200-04:002013-05-17T22:49:57.200-04:007:44 Is that you again Dubow? Maybe another David ...7:44 Is that you again Dubow? Maybe another David Siegel the man who insinuated he would fire his employees and leave the country if Obama won last year.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-66059133220063940772013-05-17T22:22:47.938-04:002013-05-17T22:22:47.938-04:008:05 Layoffs are costly and unjust this company wa...8:05 Layoffs are costly and unjust this company was and is still profitable and I can argue would be a stronger company today without all the layoffs. This Company had other alternatives and they chose to weaken it but thanks for stopping by Mr.J Schwartz.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-75633396368791033712013-05-17T15:03:19.259-04:002013-05-17T15:03:19.259-04:00Correction. Is that too* offensive to you. Not to....Correction. Is that too* offensive to you. Not to.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-53356277506831932622013-05-17T14:34:40.926-04:002013-05-17T14:34:40.926-04:00Jim, why did you leave the comment referring to th...Jim, why did you leave the comment referring to the previous poster as Che but remove the one implying that they are a Company Troll. Is that to offensive to you?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-12327342929199238632013-05-17T14:18:23.943-04:002013-05-17T14:18:23.943-04:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-8994815259224263012013-05-16T22:25:54.485-04:002013-05-16T22:25:54.485-04:008:05 PM - Look, nobody denies the incredible hards...8:05 PM - Look, nobody denies the incredible hardship faced by workers caught in a collapsing industry that they always took for granted. But justice has nothing to do with it. You've been treated justly if you received the compensation for which you freely exchanged your labor. Nobody owes you lifetime employment or anything more.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-45224468857286868282013-05-16T20:05:54.915-04:002013-05-16T20:05:54.915-04:007:44 not communism to expect fair and just treatme...7:44 not communism to expect fair and just treatment for workers. We shall overcome.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-38517861253156692372013-05-14T19:44:37.009-04:002013-05-14T19:44:37.009-04:00Thanks for stopping by CheThanks for stopping by CheAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-56718683576259032013-05-14T12:33:27.953-04:002013-05-14T12:33:27.953-04:00No surprise here the CEO and other top execs are o...No surprise here the CEO and other top execs are over paid while they keep forcing low wages workers out in the name of reducing expenses for the shareholders.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-42492648755120624732013-05-13T23:19:57.038-04:002013-05-13T23:19:57.038-04:00It must also be noted that Gannett executives — wh...It must also be noted that Gannett executives — who after all, are just hired help — seem like relative paupers next to the grandchildren and great-grandchildren of those unselfish, civic-minded families (sarcasm intended) who sold out to Gannett and other chains back in the day.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-12515767316760421672013-05-13T23:07:14.155-04:002013-05-13T23:07:14.155-04:00If you're a "midlevel executive," th...If you're a "midlevel executive," then you ought to have enough of a grasp of basic economics to answer your own question. Could you get somebody to do a better job for shareholders for less pay?<br /><br />The answer is no. The simple fact of the matter is that Gannett has been far better managed throughout this industry-wide meltdown than any other newspaper company. No matter howAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-11540267842509782192013-05-13T18:06:05.543-04:002013-05-13T18:06:05.543-04:00The Teamsters pad their salaries with dues, they a...The Teamsters pad their salaries with dues, they aren't going to actually invest in a company for whom their members work. Get seriousAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-42450754935158620452013-05-13T13:32:41.584-04:002013-05-13T13:32:41.584-04:00I don't suppose the trickle-down theory will w...I don't suppose the trickle-down theory will work. Even if it did, no one person is worth that much, especially when the industry is in freefall. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-68164625749067660962013-05-13T12:48:35.827-04:002013-05-13T12:48:35.827-04:00As a former midlevel executive, who was told once ...As a former midlevel executive, who was told once to cut a $7k-a-year part-timer who did amazing work for us because "corporate needed the number," please explain to me how any single person in Gannett is worth millions upon millions of dollars. This is generational wealth, folks, which will make the grandchildren of these executives wealthy as it passes through the years. It comes by Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-52208606865726907952013-05-12T22:59:18.446-04:002013-05-12T22:59:18.446-04:00180 shares is correct. And as 10:02 correctly poin...180 shares is correct. And as 10:02 correctly points out, you only need to own one share to put a proposal on the ballot for a vote by all shareholders.Jim Hopkinshttps://www.blogger.com/profile/16712746705871119746noreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-16164158009061194742013-05-12T22:51:32.616-04:002013-05-12T22:51:32.616-04:00It's not a poison pill, because the money trig...It's not a poison pill, because the money triggered in the parachutes isn't even a rounding error when a company has a market value of $5 billion.<br /><br />A true <a href="http://en.wikipedia.org/wiki/Shareholder_rights_plan" rel="nofollow">poison pill defense plan</a> would result in hundreds of millions of dollars in additional costs to an unwelcome acquirer -- an amount so large as Jim Hopkinshttps://www.blogger.com/profile/16712746705871119746noreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-15675146414883243392013-05-12T22:02:53.370-04:002013-05-12T22:02:53.370-04:00You only need ONE.You only need ONE.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-61940368295990025242013-05-12T20:57:54.549-04:002013-05-12T20:57:54.549-04:00This was a great posting, The Blog at its best.
...This was a great posting, The Blog at its best.<br /><br />But Teamsters have only 180 shares? That's not a typo?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-88147882987208419872013-05-12T20:06:19.453-04:002013-05-12T20:06:19.453-04:00Have the Teamsters won ANYTHING in the last decade...Have the Teamsters won ANYTHING in the last decade?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-84935115827801908292013-05-12T20:05:03.928-04:002013-05-12T20:05:03.928-04:00It's about unwanted takeovers. It's a pois...It's about unwanted takeovers. It's a poison pill. All unearned shares are automatically vested if someone successfully takes over. But why explore all the facts?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-1592608580086434312013-05-12T19:38:12.065-04:002013-05-12T19:38:12.065-04:00This is a breakup waiting to happen. The execs kno...This is a breakup waiting to happen. The execs know it. Thus the golden parachutes.Anonymousnoreply@blogger.com