Comments on: Blockbuster CEO Disputes $2.3M Bonus, Says He’s Entitled to $7.6M

By: Richard

Richard — Tue, 20 Mar 2007 20:01:50 +0000

It’s sad that so many corporate executive’s lose touch with reality. 2.3 Million dollars………That is enough money to take care of his family and their future family’s and so on. It’s $92,000 per year in interest alone assuming the IRS takes half and his return on the rest is 8%. I’m sure he also has a few million in stock options and the like. It’s just greed and glutony at it’s worst. It’s no wonder hard working American’s have very little trust or money in the bank. 2.3 Million is a only a bonus……bonus on top of what else? It’s enough to make you sick! Better stop before I drop an F bomb.

By: nikolai

nikolai — Thu, 01 Mar 2007 19:35:36 +0000

He was probably the jackass who pushed charging all those da*n late fees over the years so he figures he deserves a bigger cut, the di*k. They built a Hollywood Video directly across the street from the local ballbuster, so I don’t go to ballbuster any longer. How sweet it is to thumb my nose at them when I drive by on my way to Hollywood…

By: Scott

Scott — Thu, 01 Mar 2007 02:09:29 +0000

I think that if his deal entitles him to the bonus, he should have gotten it. It all depends upon what the agreement was between him and board of directors when he was hired. Their stock price is up, subscribers are up…and if those metrics were a part of his bonus, then he deserves every penny.

By: Mike

Mike — Thu, 01 Mar 2007 02:01:43 +0000

Fuck that guy… I work for Blockbuster and the company just slashed our employee benefits. The only reason I still worked there was because of them!

They cut our discount on merch too because “20% cut into company revenue” … even though tax is 15%. So now we don’t even get the taxes off. Lame.

By: signs

signs — Thu, 01 Mar 2007 01:47:24 +0000

I think that’s just absurd that this man is crying over this. At any rate THIS IS A BONUS!! Not his salary A BONUS!!… any way you cut it that is 2.3 million more than some unfortunate individual who has to sleep outside tonight has. besides the marketing strategy blockbuster is using is like bidding one dollar over the other person on the price is right…possibly the lamest perception ‘genius’ ever…hallelujah holla back! haha

By: John

John — Thu, 01 Mar 2007 01:30:24 +0000

I think that it’s tough in a situation like this. We’re always talking about taking to the man and corporate greed, but I bet that he feels the same way. Blockbuster is just an entity that owes him money and they are screwing him over by not paying him what he deserves. What we really need to do (as they are doing right now) is change the rules of how CEO’s get bonuses and how much they can actually make. Once the laws are in place then they won’t feel entitled to be so greedy.

—
John
http://www.monomachines.com

By: sewdough

sewdough — Thu, 01 Mar 2007 01:23:05 +0000

Hmm, maybe he should try to get a job at Netflix where it seems the bonuses can keep up with him.

By: dan

dan — Thu, 01 Mar 2007 01:20:11 +0000

Corporate Greed -I appreciate that there are many honest & credible CEO’s out there, but those few hungry, greedy & “what’s in it for me” types just to such a dis-service to their employees, stockholders…. & themselves. SHAME on them!