Showing posts with label executive compensation. Show all posts
Showing posts with label executive compensation. Show all posts

Wednesday, September 21, 2022

Plant-based burger exec becomes cannibal

Hi, I'm Doug, a recovering cannibal and hypocrite who eats people  but not animals. - Hi, Doug.
Quick, Beyond, here's an idea.
It was road rage. A top executive at plant-based food company Beyond Meat was arrested after he allegedly chomped down on a man’s nose during a fight outside Razorback Stadium in Arkansas Saturday.

Chief Operating Officer (COO) Doug Ramsey faces charges connected to the unusual incident that was sparked from an altercation inside a parking garage following the University of Arkansas football team’s win over Missouri State.

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Let's send Chef Ramsey this book in prison.
Ramsey, 53, was attempting to leave in his Bronco when a driver in a Subaru nudged his way in front of him and made contact with his front passenger side tire, KNWA-TV reported, citing a preliminary police report.

He then allegedly jumped out of his car and “punched through the back windshield of the Subaru,” which led to the Subaru driver leaving his car, according to police.

Ramsey is accused of punching the Subaru driver and biting his nose so hard he ripped “the flesh on the tip” of it, the television station reported, citing the report. More

Wednesday, May 30, 2012

Greenwald: Obama's secret "Kill List" (video)

Glenn Greenwald, DemocracyNow.org

The New York Times revealed this week that President Obama [thanks to his friends Dick Cheney, G.W. Bush, Don Rumsfeld, Condi Rice, John Ashcroft, and John Yoo] keeps and personally oversees a "secret kill list" containing the names and photos of individuals targeted for assassination in the secretive US drone war.

According to the Times, Obama signs off on EVERY targeted killing in [the US's lesser known wars on] Yemen and Somalia and the more complex or risky strikes in Pakistan. Individuals on the list include US citizens, as well teenage girls as young as 17 years old.

"The President of the United States believes he has the power to order people killed -- in total secrecy, without any due process, without transparency or oversight of any kind," says Glenn Greenwald, a constitutional law attorney and political and legal blogger for Salon.com.

"I really do believe it’s literally the most radical power that a government and president can seize, and yet the Obama administration has seized [it] and exercised it aggressively with little controversy."


() Glenn Greenwald, author of Liberty and Justice for Some, speaks about America's two-tiered "justice" system. He reveals that Obama had "indefinite detention" inserted into NDAA, as Cenk Uygur (The Young Turks, MOXNews.com) is so steamed about, when madmen Levin and Lieberman had never meant to go that far. B.S. Obama (Barack O'Romney) represents not the people of the USA but the actual "heads of state," the MIC (military-industrial complex).


Monday, February 22, 2010

US Assassinations led by Dick Cheney

(Democracy Now) Pulitzer Prize-winning investigative journalist Seymour Hersh created a stir when he said the Bush administration ran an executive assassination ring that reported directly to Vice President Dick Cheney. Under President Bush's authority, they've been going into countries, not talking to the ambassador or to the CIA station chief, and finding people on a list, and executing them, and leaving, Hersh said.

Wednesday, January 20, 2010

Buddhist priest to head Japan Airlines

Buddhist priest to head Japan Airlines -- without salary
Reuters (Jan. 17, 2010)

(TimesLive.co.za) - Kazuo Inamori, the founder of electronics maker Kyocera Corp, agreed this week to become the new chief executive of Japan Airlines, as the carrier's shares plunged ahead of its expected bankruptcy.

Jal is likely to file for bankruptcy as early as next week as part of a broader restructuring aimed at reducing debts, slashing about 13000 jobs and cutting dozens of unprofitable routes. With $16-billion in debts, JAL's bankruptcy would be the sixth largest in Japan's history. Inamori, the 77-year-old honorary chairman of Kyocera and an ordained Buddhist priest, will replace Haruka Nishimatsu, who has indicated he would resign as part of the restructuring overseen by a government-backed fund.

Kyocera was founded in 1959 as a ceramics company, and has grown into one of Japan's most profitable technology firms. "I don't know anything about the transportation industry, but I would like to make my best contribution," Inamori told reporters, adding that he did not plan to take a salary.

"I am old and a full-time job is hard for me, so I would like to work three or four days a week and I will work for free." Lack of experience in the airline industry may initially hinder Inamori's effort, but it would not be a critical drawback, analysts said. "I think he's the right person for Japan Airlines at this point since Japan Airlines needs a respected person for its business restructuring," said Yasuhiro Matsumoto, senior credit analyst at Shinsei Securities.

"For the time being, the government has agreed to offer financial support to Japan Airlines, so we should not worry about how long it would take for him to become more familiar with Japan Airlines." Dealing with the ailing airline is one on a long list of problems confronting Hatoyama's government, whose Democratic Party took power in September.

Besides being an entrepreneur, Inamori has a track record as a corporate turnaround specialist. A decade ago, Kyocera made failed office-equipment maker Mita Industrial its wholly owned subsidiary and helped it become profitable. Now Mita has more than ¥200-billion in annual sales.

But analysts said turning JAL around would be hard. "JAL has been encumbered to serve 108 airports, when there is no economic justification for some of the airports in the first place. As a regulator, you're not going to tell them no," said Lance Gatling, president of Nexial Research, a consultancy. "The question is whether any management can come in and undo any of these traditional relationships," he said. Source

Monday, October 6, 2008

The End of the Economy

Ananda weeping (sacredthangkas.com)
The end of the economy as we know it arrived today. Foreboding signs appeared two weeks ago as a preposterous $700 billion "corporate-welfare" bailout was proposed, miraculously failed on a vote, was retooled, and finally passed. Privatize the gains, socialize the losses. With a signature, president Bush officially made himself the "worst president ever" by signing the bailout he called for but could barely convince house Republicans to back. Then as the first trading day came and went (on Oct. 6, 2008) three days shy of the one year anniversary when the stock market hit its all time high of 14,164. Today Wall Street closed under 10,000 for the first time in four years. Today was also the biggest one day point drop (-800) -- although it was midday before the closing bell -- trumping last Monday's 777 point one day decline.


International markets tumbled on a credit tightening spree that ran through major economies. The Russian stock market had to suspend trading numerous times as it saw its biggest one day drop. The Chinese market, after recent protests that it was unaffected by the American mortgage and credit crises, saw a similarly precipitous drop. (Mortgage-backed securities that were trading for an estimated valuation lost value as defaults and foreclosures increased, which caused banks to tighten short term credit -- i.e., loaning to one another -- while the Bailout had no effect on declines).

In Europe, some currencies (e.g., the kroner) have already tanked. For an understanding of what the crisis is about and how and when it began, in addition to the failed bailout plan, listen to http://www.thisamericanlife.org/. For a more in-depth analysis of the problem, watch http://www.zeitgeistmovie.com/ (on fictional financial institutions such as the government-backed private bank called The "Federal" Reserve). For cheerful spin on the day's events, listen to http://www.marketplace.org/ (Public Radio). Former Lehman Brothers' CEO was cross examined in Washington for making 450 million while his bank failed. Tragically, this news is compounded by a six person murder suicide in Southern California stemming from investment declines and perceived financial ruin.

Today's Finance Headlines
• Officials pledge to move quickly on rescue
• Europe governments go their own way on crisis
• Bank of America reports profit drop, capital raise
• Stocks Cut Losses: Is It a Near-Term Bottom?
• ECB, euro nations try to soothe volatile markets
• Dow finishes below 10,000 for first time since...
• Rescue plan disappointment contributes to sell-off
• Wachovia, Citigroup, Wells agree to standstill

Buddhism:

  • "Greed" (lobha)
  • Social welfare and the responsibility of leaders
  • The cause of poverty and social unrest