Comments on: American Axle CEO Dick Dauch Pockets $14.05m for ‘07

By: skygreenleopard

skygreenleopard — Mon, 30 Jun 2008 16:57:50 +0000

“They’re all going to go belly-up so what’s the big deal? Just shows that both Management and the Union are hell-bent for destruction – they won’t be missed.”

Yes, but the unions fought to A) not lose their jobs, and B) not lose half of their salaries in case they won item A). They lost both battles.

The executives, on the other hand, will make out with tens of millions each every year (think about it – that’s hundreds of millions over a lifetime, or even a few decades). They’ll also be hired at another tanking company and make the same money next year.

Don’t compare the intentions of unions to men who sacrifice America’s jobs and welfare at their own expense.

By: shaker

shaker — Mon, 30 Jun 2008 15:27:31 +0000

Dick’s company could have made $10 million more, if Dick only made 4 million dollars last year.
Think of the COMPANY, Dick!

33 years as a working citizen, and I’m still working on my first million — may death not claim me until I’m in the $1 mil club.

By: Facebook User

Facebook User — Mon, 30 Jun 2008 14:36:55 +0000

While not “happy” with how much he made this year, at least Dick’s company made money. Can the same be said for Rick?

By: guyincognito

guyincognito — Mon, 30 Jun 2008 03:31:32 +0000

Actually, I think Dauch did a pretty good job this year. Faced with a stubborn union, he stuck to his guns and got the contract the company needed to lower future overhead costs and got some money from GM, and transferred manufacturing to lower cost countries in the process. At the very least you can say he was working aggressively to control costs. What did Rick Wagoner do?

By: quasimondo

quasimondo — Sun, 29 Jun 2008 22:15:05 +0000

Blame the unions. They always ask for too much!

By: John Horner

John Horner — Sun, 29 Jun 2008 03:59:41 +0000

It makes me violently ill to see all these executives being paid so well for killing off the US’ manufacturing infrastructure and doing their best to kick working people out of the middle class.

Of course it is the executives deciding how much they will get paid and they have an army of well dressed consultants to dress it up … just like Enron did.

The moral fabric of large American businesses has mostly been torn to shreds. “I’ve got mine, up yours” seems to be the watchword.

By: Justin Berkowitz

Justin Berkowitz — Sun, 29 Jun 2008 02:11:12 +0000

Bonus? He gets a bonus?

Newsflash: they’re going to go out of business if/when GM goes out of business.

The arrogance is astonishing.

By: naif

naif — Sun, 29 Jun 2008 00:31:13 +0000

do not worry folks, when big business is finished creating havoc with the middle class it will start on the lower class. remember ” trickle down”.

By: jaje

jaje — Sat, 28 Jun 2008 22:21:12 +0000

He snookered Wagoner into throwing in $215m – that can easily pay all of his salary and then some.

By: adonasetb

adonasetb — Sat, 28 Jun 2008 20:50:28 +0000

They’re all going to go belly-up so what’s the big deal? Just shows that both Management and the Union are hell-bent for destruction – they won’t be missed.

By: carguy622

carguy622 — Sat, 28 Jun 2008 20:25:41 +0000

Regardless of whether the company makes a profit or not, I feel that the discrepancy between what a CEO and average worker of a company gets paid is far too great. The wealth in this country is being distributed poorly and we’re losing the middle class. After all, the top 1% of the nation’s citizens have more wealth the the bottom 99%.

By: Orian

Orian — Sat, 28 Jun 2008 20:21:54 +0000

Well, at least his company made a profit, correct?
Wagoner can’t claim the same.