Worse then Franke.....

zflygrl

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Oct 7, 2005
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:down: I never thought I would say it but.......Parker is worse then Franke. Well folks he has finally stepped over the line. Yesterday in the Arizona Republic it had an article about the CEO of the NEW US Airways and how he sold 272,000 shares gaining a grand total of around 9 million in profits. Now I know DP was given these stocks in the merger. For what nobody knows...just for showing up I guess. But here is a person that came to power smiling with a big knife in his hand. He came to the door of AWA...like a clean cut missionary...stating he was one of the gang..."I'm here to help you.... to lead you to a better day and life....". Well BS is all I can say. He has been telling the employees "we don't have any money to give you..." ......really what about the $305,000 million dollar profit this quarter? But all the executives sure got a wallet full of bonuses. DP said he was not going to except his bonus...am I supposed to think "what a nice guy...."? EXCUSE me DP....but you got over $6 million in 2005...why should you get MORE. The workers of both airlines has given.....wait let me rephrase that... the employees have had a lot more taken off them...so you need to have that $6 million taken off you. DP is no different than Icon or Lorenzo.....he has become this "GREED MACHINE"..... Everyone would love to live in Paradise Valley and have a Nanny...but we don't have a Cash Cow to turn to. What DP has done is to diminish the trust in the New US Airways......and this statement about "....wanting to diversify his investments..." OH YARRRR and the check is in the mail. He is starting to believe his own BS. I was just wondering what he would do if EVERY employee at the New US Airways decided not to go to work...just for 24 hours. Maybe...just maybe he would get it...... WOW I'm not that important.... I need my employees..... (He needs to read the book "NUTS"). This is why DP is worst than Franke...you see with Franke you know where you stand... DP comes up to you with a smile on his face and his hand reached out and when you get close enough he stabs you in the back with his lies. I saw a program on the TV last night about the CEO of COSCO...this mans salary is around $350,000.......and that companies profits are in the BILLIONS. So here is what I think should happen. DP should drop his salary to what the highest pilot makes.....and his executive should get what the highest flight attendant makes....and NO BONUSES. These salary would stay in place until the problems of these two companies are fixed. Then THE employees would decide what they should make....this would solve a lot of the problems...and these people would have to really get down to the problems at hand and FIX THEM. Not just move them around on a plate....like some anorexic teenager who can't eat. OH....and the executive have to take the same benefits they have laid on you and that includes the same health insurance....so if you don't have a retirement pension...DP and his gang don't either. For they seem to be squeezing the employees so they can get more money for their over stuffed piggy banks.

I say stand up for YOUR rights.....make these greedy...lying....selfish....P.I.G.S walk the plank of truth......make them realize they are not the power....YOU the EMPLOYEE ARE the POWER. After all the AA flight attendants got rid of their CEO....take a leaf out of their book...... *BAD MANAGEMENT IS NOT REWARDED... :down:

Good Luck
Stay Strong
Fight for your rights
Let them know who really has the power
KNOW YOUR WORTH.


CFA
 
Everything Darth Parker learned was at the knee of Bill Franke. The apprentice in 2001 stabbed his old master in the back and threw him in the dumpster.
:up: I love that name.....Franke is now on to Spirit....is it? I wonder how long it will be b4 Spirit is US Airways.....Who pulls the strings of evil....NoBody knows....LOL :ph34r:
 
I sat next to Dougie at the Vegas Aviation Forum in 2005 for a dinner given by the sponsors. He shook my hand in greeting, and then never said one word to me the entire evening...zippo...not even looked in my direction when I spoke to the folks at the table. Glass was there too and Kirby...like "three musketeers".

How about that for a CEO :lol:...got his MO from jump street
 
If your thinking is sloppy, your business will be sloppy. If you are disorganized, your business will be disorganized. If you are greedy, your empoyees will be greedy, giving you less and less of themselves and always asking for more.
Michael Gerber - Business - Thinking - Employee - Greed
 
I sat next to Dougie at the Vegas Aviation Forum in 2005 for a dinner given by the sponsors. He shook my hand in greeting, and then never said one word to me the entire evening...zippo...not even looked in my direction when I spoke to the folks at the table. Glass was there too and Kirby...like "three musketeers".

How about that for a CEO :lol:...got his MO from jump street

He's got two personalities: The town hall "call me Doug" personality and the "I can't believe this prole just walked up and started talking to me" personality. Is he a Gemini or just a jerk? Methinks the latter.
 
Spewing merger speculation out to the media every chance you get, then turning around and selling your stock shortly afterward. Did they not cover this conflict in MBA school?
 
If your thinking is sloppy, your business will be sloppy. If you are disorganized, your business will be disorganized. If you are greedy, your empoyees will be greedy, giving you less and less of themselves and always asking for more.
Michael Gerber - Business - Thinking - Employee - Greed
EMPLOYEES GREEDY......WHAT ARE YOU TALKING ABOUT? IT IS THE EMPLOYEES THAT ARE HAVING EVERYTHING TAKEN AWAY FROM THEM....What kool-aid are you drinking...PURPLE? :blink:
 
:down: I never thought I would say it but.......Parker is worse then Franke... he sold 272,000 shares... around 9 million...

If I had the shares to sell, I would have done the same thing instead of watching them fade into "zero" on the dollar scale and so would any person with an iota of common sense. What would you expect him to do, just let $9M expire? Get real!

Franke is a professional business rapist. He took credit for "turning around" America West, when he in fact did more harm than good. He is now with Spirit airlines and they need to watch their back. The henchmen he hired were nothing more than hired guns looking to lower cost and get rid people regardless of the outcome, hence outsourcing the heavy checks and firing 500 mechanics.

DP is the CEO and gets a lot of bennies, period. I blame the BOD for that, not DP. They are out for themselves and making their bank accounts larger.

Do I trust DP, no! In his town hall last August, he stated that he was going to look out after the employees and he hasn't done that.
 
Really what we have here is a philisophical difference.

Capitalism vs Socialism.
The union leadership really wants a complete socialist state where everyone gets exactly the same thing one job for life w/ minimal education etc. Craddle to grave security. That really is the ultimate goal even if the Rank & File don't see it.
We hear a lot about fairness and eqaulity but nothing could be more fair, more honest, more open and ultimately more moral than unfettered free market.

It is much more about what you can do for yourself (and ultimately that translates as a positive to your family and community and fellow humanity) and not what the union or the company can give me. The sooner you guys stop thinking like the robots of Eastern Europe from 20 years ago(I blame our public schools mixed in with a healthy dose of union brainwashing)and start thinking like free independent people, the sooner you will achive happiness, success and a greater peace with your place in the world.
 
If I had the shares to sell, I would have done the same thing instead of watching them fade into "zero" on the dollar scale and so would any person with an iota of common sense. What would you expect him to do, just let $9M expire? Get real!

Franke is a professional business rapist. He took credit for "turning around" America West, when he in fact did more harm than good. He is now with Spirit airlines and they need to watch their back. The henchmen he hired were nothing more than hired guns looking to lower cost and get rid people regardless of the outcome, hence outsourcing the heavy checks and firing 500 mechanics.

DP is the CEO and gets a lot of bennies, period. I blame the BOD for that, not DP. They are out for themselves and making their bank accounts larger.

Do I trust DP, no! In his town hall last August, he stated that he was going to look out after the employees and he hasn't done that.
The only thing I have a problem with, Doug stated the options were traded because they were going to expire. All of us would have done that. But what he and others have neglected to say was that it was only one block that was about to expire. Look--->

Following in the footsteps of his fellow executive officers, Doug Parker, CEO of US Airways cashed in many of his stock options yesterday and took home approximately $9,000,000 dollars. That's right...nearly $9 Million Dollars!


Shares Acquired Expiration Date Option Price Value
24,750 10/28/2006 $29.09 $719,977.50
41,250 01/24/2012 $9.21 $379,912.50
103,125 04/09/2013 $6.42 $662,062.50
33,025 03/10/2015 $12.44 $410,831.00
70,100 03/10/2015 $12.44 $872,044.00



Total Shares Acquired: 272,250
Total Cost: $3,044,827.50


Shares Sold Date Sold Exercised Price Value
202,150 8/1/2006 $44.458 $8,987,184.70
70,100 8/2/2006 $43.5875 $3,055,483.75


Total Shares Sold: 272,250
Total Value: $12,042,668.45
Total Pre-Tax Profit: $8,997,840.95