Siegel's $4.5 million that he is forfieting is moot because he was not planning to leave IMO, anyway.
However, to take his salary down to JetBlue's CEO of $200,000 all the way out to at least 2009 or permanent like he expects from his labor force is a damn good start. All the execs must do this as well. Don't believe he said how long he would take his salary down to those levels. But, it should be permanent.
They whould receive increases if we profit...AND WE ALL SHOULD SEE INCREASES IN THIS SAME VEIN.