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Madmonks

06/30/13 12:05 PM

#146505 RE: bankinonit #146504

Thank you, bank. I've been tired of hearing about how management has been working for free these past few years. That's simply absurd. Whether they get salary, living expenses or shares, it all should be considered compensation. And quite frankly, I'll be very angry if they get paid any back wages if or when the company's financial situation improves.

I remember watching Shark Tank a while ago, and there was a couple on there pitching an idea to the sharks. They mentioned how much unpaid salaries they had accumulated, and Mark Cuban absolutely laid into them for wanting to eventually back pay their salaries. Cuban when on to describe how he nearly starved to death trying to get his businesses off the ground and all the sacrifices he had to make.

WSGI management is rich. These people live the good life and put my standard of living to shame. Estrella and Clark each have made more in one year than I will in a lifetime (probably several lifetimes). And, unless Glenn blew all of the money he made while working as an investment banker, I'm sure he'll live comfortably in his retirement whether WSGI is a success or not.

So, yes, thank you again, bank. Let the record show that management is not working for free! They aren't the martyrs like so many people seem to think.




rattlewatch

06/30/13 4:46 PM

#146522 RE: bankinonit #146504

Didn't pick up on this Bank,thanks for posting the info.