Amazingly prominent on the front page of yesterday’s SMH (aka…the-rag-formerly-known-as-a-newspaper), mixed in with the hard-hitting stuff on Ben Cousins’ rehab drama, Brittney’s custody drama and some Bollywood cunt’s fan-mail drama…was a not-too-insignificant piece (of public-relations-issued-drivel) concerning our beloved ‘Telstra’ and their hard-working executives.
It seems that a measly 66% of shareholders think the company executives are a little too well-rewarded for their steering of the corporate ship into historically shallow waters.
We know this because they held a vote on the subject.
Sadly for the 2/3 of the voters who told the executives to jam their ginormous bonuses up their collective asses, this was a ‘non-binding’ vote, which is to say it was not really a vote at all.
It was a sham.
‘Telstra chairman Don McGauchie said The Board was very disappointed by the vote…’
However, since it was a non-binding vote, they would get over the disappointment and get back to gouging the shareholders, buying boats and making poor business decisions.
‘He said the board would carefully analyze the figures and give them full consideration in future remuneration planning.’
However since they were non-binding figures, The Board would eventually just do the same thing again next year since there was fuck all anyone could do about it anyway.
‘He said Telstra's board believed the remuneration plan was fair and reasonable and would not have proposed it if it did not.’
Which is also a fair and reasonable assessment of their supreme arrogance and explains why they get the big bucks and you, the shareholders, get falling stock-prices and non-binding voting rights, you silly cunts.
So, basically fuck you all very much for buying our stock, now let us get back to ripping you off and you can get back to the Ben Cousins’ Story…
22 comments:
Now either you are a sucker who bought shares in this wonderful institution or you are a broker that is getting sick of hearing the tales of woe from ma and pa first time investors who got shafted..
Either way I think you hit the nail on the head.
Josh: I'm neither, although I do work in the money markets. I'm just amazed by the general stupidity of the general public, the level to which they've been unempowered and the lack of interest they seem to have in being continually pack-raped by these cunts...
Who are the members of this 'board' and where do they live? I'm shopping for a husband.
I really like the Ben Cousins story.
What will happen with Benny?
BB: Most of them live in my building at Cunt Point, although they are downstairs on the cheaper floors.
SC: I'd happily vote in the election if it were a non-binding vote.
BBH: Ben is joining the Board of Telstra...
is it just me, or does Sol Trujillo look like Ron Jeremy
hahah kitty, a fucking patsy. I haven't heard that word used for about two decades! I love it :)
My Dad can't stand the guy, and says he is a complete tosser, but I have a soft spot for ol' benny. I don't know why. Good boy gone bad or something?
well. better get back to my nestle choc bits then.
Ugh politics...business...my eyes are glazing over...
Can we go back to sexual addiction?
Wha-hey...I thought Ben Cousins was let go. Is he still playing football?
Fingers. Babe. That's the way big business is. Sometimes we have to...to keep our peanut-butter butlers, you know.
Really all kidding aside...big businesses get bigger by doing what is right for their sharholders...I'm talking about those big and those small shareholders.
Babes...you just have to get a woman to lead that company...like me.
Oh hey...I want a really cute assistant...beautiful like kitty. One I can attache blueberry muffins to so I can then chase her around the office. I love to eat muffins.
Ciao babes.
What's the low-down on that cunt, Adler, fingers? Is it true he got off with just paying the OneTel liquidator 1 mill out of the 6 he skived off in bonuses?
Off topic but I noticed people were coming to an old post of yours on Wallyworld - Google "Crap Christmas presents" - here's part of it -
"So fingers, where did all your xmas presents come from this year? Fischer Price or Playskool?
December 28, 2005 | Rob Byrnes
Nope...'CuntsRUs'.
I got a Rob Byrnes doll.
December 28, 2005 | fingers
:-)
Your idle threats don't scare me- I am not a shareholder.
Yeh, wankers. I agree. Perhaps you can throw a girl a bone on WHO to invest with?
Hey ! You goin' all esoteric on us Pommes, Fingers ???
I ain't gotta clue whaddafuckalldisisabout.
:-((
non binding shareholder votes are a complete sham!
the arrogance of the telstra board being disappointed with the voting outcome is something to behold!!....please tell me they didn't expect the dumb shareholders (of which i am one) to say 'well done chaps, help yourself to a bigger slice of the pie...., oh and we don't really mind if the share price is south of the list price'.
Ben is a drugfucked dickhead. I'm thinking about running odds on how long it is until he gets locked up for an armed rob. or something now he's got some free time and a habit.
The Telstra board cunts are cunts who have probably had a long experience of walking on other cunts. There's heaps of similar types around. Such is the law of the jungle.
Fingers, why, are you makin' fun o' my misery, you evil set of digits?
Don't worry , the last one is framed and hangs on my blog door.
NO wonder I am blind!
Sad but true fingers.
I was assuming you WOULD shout cause you normally do shout at me when I gossip to others in your comment box and not yoooou (kermit face).
Yes, I'm with Steph - update you laaaaaazyyyyy mooootheeeerfuuuuuckeeeer.
That's a fair point, Fingers.
;-)
I feel really bad about that thoughtless comment now.
:-(
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