that an Asian businessman --who was purchased by UPS
Dang
I thought we fought a war over the right to buy and sell people. It was blacks back then, and a few Irish thrown in.
But it is news to me that you can buy an Asian businessman.
As for your real point, when we went public, things changed. We had to bring people onto our board from other companies. They like that, and our board members like being on the boards of other companies. That way everybody can make some extra money by being on the board of all these companies, so they can vote pay contracts for the persons at that company. Then those vote for pay increases at other companies, and before long, you have boards that vote pay increases that the people dont deserve, but they do it anyway, cause that guy is going to say yes or now to their pay bundle.
Incest in its most basic form.
But your point.
It was and always had been the function of UPS to grow its management pool to their full potential. Over the last 20 years or so, I think a lot of that has either stopped, or has been curtailed. And it is our loss.
It used to be that for every position that opened up, there were at least a dozen well qualified people for that job. Now it seems that they are more interested in bringing in new blood that does not really bleed or breathe brown. And with it some really strange ideas as how this company needs to go.
And while going public has had its benefits, over the long haul, I dont know if it will be worth the price paid.
d