Category: Companies
Now Reading
Jack Welch (born November 19, 1935) was Chairman and CEO of General Electric between 1981 and 2001.
Welch gained a solid reputation for uncanny business acumen and unique leadership strategies at GE. He remains a highly-regarded figure in business circles due to his innovative management strategies and leadership style. |
More Books About Jack Welch |
||||||
Apple Logo vs Logo Of Apple
The Victoria School of Business and Technology in Canada has received a cease a desist letter from Apple Inc. citing trademark infringement with its apple logo.
While similar in shape (particularly the singular right-leaning leaf), the school’s logo is green, white and blue, and includes its name in the image. One of Apple’s biggest concerns is the fact that the school offers software operation courses.
The school responded with a letter of its own, denying any infringement.
More school education apple logos…
WaMu CEO: 3 weeks work, $18M
NEW YORK (CNNMoney.com) — Washington Mutual Chief Executive Alan Fishman could walk away with more than $18 million in salary, bonuses and severance after less than three weeks on the job, according to the terms of his employment agreement.
Read the rest of the article here
And their stock plunge to “Penny Stock”
Executives Made $3 Billion Before Crisis
Reading this article from Bloomberg you can see that it makes sense to cap the compensation of the people who work for banks whose bad loans get bought by the US taxpayer.
Wall Street‘s five biggest firms paid more than $3 billion in the last five years to their top executives, while they presided over the packaging and sale of loans that helped bring down the investment-banking system.
Merrill Lynch & Co. paid its chief executives the most, with Stanley O’Neal taking in $172 million from 2003 to 2007 and John Thain getting $86 million, including a signing bonus, after beginning work in December. The company agreed to be acquired by Bank of America Corp. for about $50 billion on Sept. 15. Bear Stearns Cos.‘s James “Jimmy” Cayne made $161 million before the company collapsed and was sold to JPMorgan Chase & Co. in June.
Read the rest of the article here