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(Slate)   Mother of distressed AOL baby has something to say to the CEO   (slate.com ) divider line
    More: Cool, CEO, pre-eclampsia, federal benefits, premature birth  
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17048 clicks; posted to Main » on 09 Feb 2014 at 3:32 PM (2 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



274 Comments     (+0 »)
 
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2014-02-10 01:48:45 PM  

midigod: Incredulous: Curious thing.   The Goodman bio says that he's a journalist who's worked for The New York Times and the Washington Post and is now is the executive business editor of the Huffington Post.  There isn't anything at all about him working for AOL.

Do you know who owns HuffPo?


Why don't you just inform him that AOL owns The Huffington Post? Why do you mock a person for their ignorance, rather than utilize the perfect opportunity to genuinely educate a fellow human mind? Are you a sociopath or something? Is anonymously bullying another anonymous person on the internet the highlight of your day? Get a life. FARK, the internet, humanity, earth, and physical existence in general, doesn't need, and would be better off, without your ilk and kin.

You're farking garbage
 
2014-02-10 02:01:18 PM  

PreMortem:
And he didn't give himself a raise. Corporations have these things called "boards" and "shareholders" that dictatate what CEOs get payed.


In many companies, the board is chosen or if not directly, heavily influenced by the CEO.

It's a big club, and YOU ain't in it. -- Carlin
 
2014-02-10 02:16:50 PM  
Millionaires are the new whites.
 
2014-02-10 02:17:11 PM  

ransack.: Why don't you just inform him that AOL owns The Huffington Post? Why do you mock a person for their ignorance, rather than utilize the perfect opportunity to genuinely educate a fellow human mind? Are you a sociopath or something? Is anonymously bullying another anonymous person on the internet the highlight of your day? Get a life. FARK, the internet, humanity, earth, and physical existence in general, doesn't need, and would be better off, without your ilk and kin.

You're farking garbage


I wasn't mocking him.  In fact, I wasn't sure whether he was trolling.  But thank you for taking advantage of that opportunity to genuinely educate me.

Seriously, that's bullying to you?

Lighten up, Francis.
 
2014-02-10 02:59:07 PM  

cman: How in the blue hell is AOL still making money?


The countless people still on dialup. Some counties will never have broadband or the such due to backwards regulations set to prevent it.
 
2014-02-10 03:09:11 PM  

BarkingUnicorn: "IF YOU DESIRE TO DRAIN TO THE DREGS THE FULLEST CUP OF SCORN AND HATRED THAT A FELLOW HUMAN BEING CAN POUR OUT FOR YOU, LET A YOUNG MOTHER HEAR YOU CALL DEAR BABY 'IT.'"

~ T. S. Eliot

Tim Armstrong has the social skills of a doorknob, apparently.


So why on this green earth, is he "successful" instead of in prison?

Where, I assure you he belongs.
 
2014-02-10 03:53:34 PM  
Seems to be an awful lot of folks here that don't understand the concept behind the establishment of a business.  A business is not a social program, it's not employment of the unemployed for the sake of employment and it's not democratic.  A business is established for one reason and only one reason - to make money.  The CEO answers to the millions of company shareholders.  If the company does not maximize profits, shareholders will look for another place to invest their money.  So...imagine that.  The CEO made a decision to cut 401k funds - NOT the healthcare program - because they had an unanticipated outlay in healthcare benefits in 2013.  WOW!  And this mommy, one of 5,600 worldwide AOL employees, decides to "go public" because she believes the CEO, who, by the way, generated revenues in excess of $2.19 billion in 2012 for the company, is "dissing" her little snowflake.  She could have shut the fark up and no one would have known who she was; but, instead, she grabs free publicity to promote her 4-year-old novel (notice how its title is conveniently included at the end of the article) and the CEO is demonized. Stow the class jealousy, venom and socialistic thinking and get your asses out there into corporate America and make something of yourself like Tim Armstrong did. This is a non-story...and don't reply by citing his huge compensation at AOL - the man generated revenues of $2.19 BILLION in 2012!  His compensation is a drop in the bucket!
 
2014-02-10 03:56:22 PM  

ransack.: midigod: Incredulous: Curious thing.   The Goodman bio says that he's a journalist who's worked for The New York Times and the Washington Post and is now is the executive business editor of the Huffington Post.  There isn't anything at all about him working for AOL.

Do you know who owns HuffPo?

Why don't you just inform him that AOL owns The Huffington Post? Why do you mock a person for their ignorance, rather than utilize the perfect opportunity to genuinely educate a fellow human mind? Are you a sociopath or something? Is anonymously bullying another anonymous person on the internet the highlight of your day? Get a life. FARK, the internet, humanity, earth, and physical existence in general, doesn't need, and would be better off, without your ilk and kin.

You're farking garbage


ryanesaki.com
 
2014-02-10 04:18:14 PM  

MycroftHolmes: I type this right now knowing, like all of you, that there are starving children across the globe, yet I am not doing anything about it (nor are most of you).  Doesn't make us bad people, they just are not close enough to us to mean anything beyond the abstract


I get what you are saying, but I think that actually does make most of us bad people to some extent.

We ignore, rationalize, justify, and accept it, but it doesn't change the fact that we could do something to help fellow human beings who are suffering yet we do nothing. That's bad. Of course it's also true that no single person can save the world, and I wouldn't expect anyone to dedicate their every waking moment to helping others.

I'm not excepting myself. I do no more than most people, and I must admit that my conscience doesn't bother me too much about it. But just because I have learned not to be bothered doesn't make me 'good'.

Not trying to pick a fight and I don't have a proposal to fix it, this is just my observation. There are plenty of things that we all do each day that do make us good people and maybe that offset is why we have made it this far as a species.
 
2014-02-10 04:22:45 PM  

MikeM: Seems to be an awful lot of folks here that don't understand the concept behind the establishment of a business.  A business is not a social program, it's not employment of the unemployed for the sake of employment and it's not democratic.  A business is established for one reason and only one reason - to make money.  The CEO answers to the millions of company shareholders.  If the company does not maximize profits, shareholders will look for another place to invest their money.  So...imagine that.  The CEO made a decision to cut 401k funds - NOT the healthcare program - because they had an unanticipated outlay in healthcare benefits in 2013.  WOW!  And this mommy, one of 5,600 worldwide AOL employees, decides to "go public" because she believes the CEO, who, by the way, generated revenues in excess of $2.19 billion in 2012 for the company, is "dissing" her little snowflake.  She could have shut the fark up and no one would have known who she was; but, instead, she grabs free publicity to promote her 4-year-old novel (notice how its title is conveniently included at the end of the article) and the CEO is demonized. Stow the class jealousy, venom and socialistic thinking and get your asses out there into corporate America and make something of yourself like Tim Armstrong did. This is a non-story...and don't reply by citing his huge compensation at AOL - the man generated revenues of $2.19 BILLION in 2012!  His compensation is a drop in the bucket!


See, that right there is yer problem.
The one and only reason for a business to exist is to support and improve society.

The profiteering bullchit is just what we have come to expect from years of government training.
 
2014-02-10 04:24:51 PM  

snocone: MikeM: Seems to be an awful lot of folks here that don't understand the concept behind the establishment of a business.  A business is not a social program, it's not employment of the unemployed for the sake of employment and it's not democratic.  A business is established for one reason and only one reason - to make money.  The CEO answers to the millions of company shareholders.  If the company does not maximize profits, shareholders will look for another place to invest their money.  So...imagine that.  The CEO made a decision to cut 401k funds - NOT the healthcare program - because they had an unanticipated outlay in healthcare benefits in 2013.  WOW!  And this mommy, one of 5,600 worldwide AOL employees, decides to "go public" because she believes the CEO, who, by the way, generated revenues in excess of $2.19 billion in 2012 for the company, is "dissing" her little snowflake.  She could have shut the fark up and no one would have known who she was; but, instead, she grabs free publicity to promote her 4-year-old novel (notice how its title is conveniently included at the end of the article) and the CEO is demonized. Stow the class jealousy, venom and socialistic thinking and get your asses out there into corporate America and make something of yourself like Tim Armstrong did. This is a non-story...and don't reply by citing his huge compensation at AOL - the man generated revenues of $2.19 BILLION in 2012!  His compensation is a drop in the bucket!

See, that right there is yer problem.
The one and only reason for a business to exist is to support and improve society.

The profiteering bullchit is just what we have come to expect from years of government training.


Question-do you get paid for the work you do?  If so, you are a complete hypocrite.
 
2014-02-10 04:29:18 PM  

MikeM: the man generated revenues of $2.19 BILLION in 2012!


You worded that in a way that deliberately gives him credit for every penny of AOL revenue.  He didn't generate revenue any more than the sales staff, the editors, the customer service staff who kept people from terminating service, or the middle management who herded those workers.  His compensation is not reflective of the contribution he made.
 
2014-02-10 04:30:43 PM  

MycroftHolmes: snocone: MikeM: Seems to be an awful lot of folks here that don't understand the concept behind the establishment of a business.  A business is not a social program, it's not employment of the unemployed for the sake of employment and it's not democratic.  A business is established for one reason and only one reason - to make money.  The CEO answers to the millions of company shareholders.  If the company does not maximize profits, shareholders will look for another place to invest their money.  So...imagine that.  The CEO made a decision to cut 401k funds - NOT the healthcare program - because they had an unanticipated outlay in healthcare benefits in 2013.  WOW!  And this mommy, one of 5,600 worldwide AOL employees, decides to "go public" because she believes the CEO, who, by the way, generated revenues in excess of $2.19 billion in 2012 for the company, is "dissing" her little snowflake.  She could have shut the fark up and no one would have known who she was; but, instead, she grabs free publicity to promote her 4-year-old novel (notice how its title is conveniently included at the end of the article) and the CEO is demonized. Stow the class jealousy, venom and socialistic thinking and get your asses out there into corporate America and make something of yourself like Tim Armstrong did. This is a non-story...and don't reply by citing his huge compensation at AOL - the man generated revenues of $2.19 BILLION in 2012!  His compensation is a drop in the bucket!

See, that right there is yer problem.
The one and only reason for a business to exist is to support and improve society.

The profiteering bullchit is just what we have come to expect from years of government training.

Question-do you get paid for the work you do?  If so, you are a complete hypocrite.


You do not know chit?
Or just pretending?
 
2014-02-10 04:39:13 PM  

MikeM: s; b


So much this...

Anyone who thinks the sole purpose of a business isn't to make money is kidding themselves. Go ask your boss. Go ask your bosses boss.

Heck, why are YOU at work? Cause you love it so much and just can't wait to come back tomorrow? For most of us, that's a lie. If you are one of the good people in the world, you are working to better society. Heavens knows that's not 99% of businesses, or AOL.

This lady had no reason to go public. If I was a betting man, her husband was on his way out of AOL anyway, and they wanted the last word before he left..
 
2014-02-10 04:42:29 PM  

papatex: MikeM: s; b

So much this...

Anyone who thinks the sole purpose of a business isn't to make money is kidding themselves. Go ask your boss. Go ask your bosses boss.

Heck, why are YOU at work? Cause you love it so much and just can't wait to come back tomorrow? For most of us, that's a lie. If you are one of the good people in the world, you are working to better society. Heavens knows that's not 99% of businesses, or AOL.

This lady had no reason to go public. If I was a betting man, her husband was on his way out of AOL anyway, and they wanted the last word before he left..


If they tol' ya their plan, and I wager it is a good one, it would become just another business plan.
 
2014-02-10 04:49:45 PM  

snocone: MycroftHolmes: snocone: MikeM: Seems to be an awful lot of folks here that don't understand the concept behind the establishment of a business.  A business is not a social program, it's not employment of the unemployed for the sake of employment and it's not democratic.  A business is established for one reason and only one reason - to make money.  The CEO answers to the millions of company shareholders.  If the company does not maximize profits, shareholders will look for another place to invest their money.  So...imagine that.  The CEO made a decision to cut 401k funds - NOT the healthcare program - because they had an unanticipated outlay in healthcare benefits in 2013.  WOW!  And this mommy, one of 5,600 worldwide AOL employees, decides to "go public" because she believes the CEO, who, by the way, generated revenues in excess of $2.19 billion in 2012 for the company, is "dissing" her little snowflake.  She could have shut the fark up and no one would have known who she was; but, instead, she grabs free publicity to promote her 4-year-old novel (notice how its title is conveniently included at the end of the article) and the CEO is demonized. Stow the class jealousy, venom and socialistic thinking and get your asses out there into corporate America and make something of yourself like Tim Armstrong did. This is a non-story...and don't reply by citing his huge compensation at AOL - the man generated revenues of $2.19 BILLION in 2012!  His compensation is a drop in the bucket!

See, that right there is yer problem.
The one and only reason for a business to exist is to support and improve society.

The profiteering bullchit is just what we have come to expect from years of government training.

Question-do you get paid for the work you do?  If so, you are a complete hypocrite.

You do not know chit?
Or just pretending?


Can you parse this into a meaningful statement for me?  I would love to respond, but have no idea what you are saying.
 
2014-02-10 04:53:26 PM  

MycroftHolmes: snocone: MycroftHolmes: snocone: MikeM: Seems to be an awful lot of folks here that don't understand the concept behind the establishment of a business.  A business is not a social program, it's not employment of the unemployed for the sake of employment and it's not democratic.  A business is established for one reason and only one reason - to make money.  The CEO answers to the millions of company shareholders.  If the company does not maximize profits, shareholders will look for another place to invest their money.  So...imagine that.  The CEO made a decision to cut 401k funds - NOT the healthcare program - because they had an unanticipated outlay in healthcare benefits in 2013.  WOW!  And this mommy, one of 5,600 worldwide AOL employees, decides to "go public" because she believes the CEO, who, by the way, generated revenues in excess of $2.19 billion in 2012 for the company, is "dissing" her little snowflake.  She could have shut the fark up and no one would have known who she was; but, instead, she grabs free publicity to promote her 4-year-old novel (notice how its title is conveniently included at the end of the article) and the CEO is demonized. Stow the class jealousy, venom and socialistic thinking and get your asses out there into corporate America and make something of yourself like Tim Armstrong did. This is a non-story...and don't reply by citing his huge compensation at AOL - the man generated revenues of $2.19 BILLION in 2012!  His compensation is a drop in the bucket!

See, that right there is yer problem.
The one and only reason for a business to exist is to support and improve society.

The profiteering bullchit is just what we have come to expect from years of government training.

Question-do you get paid for the work you do?  If so, you are a complete hypocrite.

You do not know chit?
Or just pretending?

Can you parse this into a meaningful statement for me?  I would love to respond, but have no idea what you are saying.


We are all better off that way.
Don't want you hurting yourself.
 
2014-02-10 04:56:37 PM  

snocone: We are all better off that way.
Don't want you hurting yourself.


That is really funny.  Good job!
 
2014-02-10 05:03:36 PM  

papatex: MikeM: s; b

So much this...

Anyone who thinks the sole purpose of a business isn't to make money is kidding themselves. Go ask your boss. Go ask your bosses boss.

Heck, why are YOU at work? Cause you love it so much and just can't wait to come back tomorrow? For most of us, that's a lie. If you are one of the good people in the world, you are working to better society. Heavens knows that's not 99% of businesses, or AOL.

This lady had no reason to go public. If I was a betting man, her husband was on his way out of AOL anyway, and they wanted the last word before he left..


People who believe that businesses are in it for any reason other than to maximize profits are naive an idealistic (and almost definitely not business owners).  That being said, there are often very good financial reasons for socially conscious strategies, including marketability, talent retention and acquisition, and overall sustainability.
 
2014-02-10 05:12:34 PM  
Now we were Farkers and we likely knew,
that we would race until somethin' blew,
and we thought it over,
now, wouldn't you?
 
2014-02-10 08:11:57 PM  

MikeM: The CEO answers to the millions of company shareholders.  If the company does not maximize profits, shareholders will look for another place to invest their money.


The CEO and financial sector cater to MAJORITY shareholders mostly comprised to the executives or large block institutional shareholders. They do NOT give a flying fark about the mom and pop shareholders who have 100 shares.

Being a shareholder is not being part of a democracy where you the shareholder have an equal standing with any other shareholder. It's a fiefdom it's all about HOW MUCH you own which determines the influence you have.

In small companies the majority shareholders are typically the founders the executives and those who did initial investment rounds. The employees are typically given stock options out of a tiny sliver of the total equity AND are blocked from selling for 6 months after IPO while the other, non employees and dump shares.

Again, it's all a big club and you and I aren't in it.
 
2014-02-10 10:05:03 PM  

MikeM: His compensation is a drop in the bucket!


And if he keeps pulling these moves, his compensation is going to be a swift kick in the ass.
 
2014-02-10 10:05:50 PM  

MikeM: Stow the class jealousy, venom and socialistic thinking


fark off.
 
2014-02-11 12:29:04 AM  

semiotix: Yeah. It's a little surprising that AOL's lawyers didn't show up at the affected employees' doors the next morning with sacks of cash and nondisclosure agreements. (Probably because AOL can't afford proactive lawyers anymore.) But they'll sure as hell be doing it now.


Oh this will be their reason for cutting employee benefits next year - "We had to pay a large amount of legal defense fees (that equaled less than %20 of my salary, still)".

Armstrong is just a shiatbird all the way around.  He keeps using the "Employees First" mantra with his staff, but the HQ's actions fall far from the rhetoric over and over again.  Fire a Patch employee for taking a photo during a meeting.  Outing a family's medical issues to avoid taking heat for cutting 401(k) benefits, while lining his own pockets with millions of dollars.  Selling $1 Billion of patents (created by the employees of AOL) and, remember "Employees First!", giving all $1 Billion of that cash to the stockholders as dividends.  $1 Billion would have gone a long, long way to build up many of the brands AOL owns, but Armstrong and his crew made it very clear where their alliances lie.  The cash from those patent sales were NOT kept for operating costs.

They'll keep doing it too, up until the day they take their golden parachutes and depart from AOL.   Total spineless asshats, all of them.

All I really needed to know about all this was on CNN:
http://www.cnn.com/2014/02/08/opinion/roby-armstrong-obamacare/index .h tml

MikeM: Seems to be an awful lot of folks here that don't understand the concept behind the establishment of a business.  A business is not a social program, it's not employment of the unemployed for the sake of employment and it's not democratic.  A business is established for one reason and only one reason - to make money.  The CEO answers to the millions of company shareholders.  ...the man generated revenues of $2.19 BILLION in 2012!  His compensation is a drop in the bucket!


Oh, Jesus.  If you are still working on your business degree, go to your instructors and slap them all for failing to provide you an adequate education.  If you already have a business degree and are running a business, go to your staff and kneel down before them and beg for forgiveness for your asinine opinion on their contribution to your bank account.
 
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