Quote Originally Posted by Grumpy View Post
Don, Why is it that no one thinks it's strainge when these companies buy out the line workers but everyone thinks its strange when they buy out a CEO? Like so many other things, the practice is the same it just a matter of degree and dollar amount.

It reminds me of the story about the "poor boy" college kid that was rooming with a "rich kid" and kept watching all the things the money guy could do. He kept asking how it felt to be rich, so one day the rich guy told him he had been invited to a debutant ball but he really didn't want to go because he didn't know any of the girls and asked the poor boy if he wanted to wear his tux and borrow his Mercedes and go in his place. The poor boy jumped at the chance.

At the Ball he saw one particularly nice girl and danced with her several times. During the last dance he asked "Would you sleep with me tonight for $20,000.00?" The girl thought about it for a bit and then said YES.

He then asked "Well would you sleep with me for $20.00?" And she screemed, $20.00 what kind of a girl do you think I am?

He said, "Well we have already established that, now we are just haggling about prices!"

Gruimpy
Ha ha Yep I heard that one before!
Naw, I guess I was thinking about Lehmans filing Chapter 11 and I really didn't know what the actual details were on their debt and assets. My first instinct anymore when it comes to these bankrupt corporations is why don't the officers who ran the bidness into the ground field more of the responsibility.......translation less money in their pocket if the debt outweighs the assests of course.