Would Sun Execs Get AIG-style Bonuses?

So not only are you speculating about whether Sun is going to be sold, you're also speculating that its management is going to be rewarded exorbitantly for doing so? Wow.

Drag him into the streets?! I think you have the U.S. confused with some third world dictatorship. Or do you..

Harris, I think it's clear from coverage in the Wall Street Journal, Marketwatch, and every other major financial publication that Nitin is not the author of the specualtion about this potential acquisition. It seems only reasonable, in light of the current AIG situation, to wonder whether this would play out similarly. I didn't sense that he made any assertion that it would, but certainly it might (and who would be surprised?)

Rick

It is completely mad to start pointing fingers at Sun for something that they haven't even done. It's bizarre to even be speculating about 'what if Sun is sold and then what if its executives get paid exorbitantly'. Slow news day?

IBM would buy Sun with their earned money, not public money. If some of that money finds its way to execs, it just proves that business works. It'll be an incentive for future business that is the backbone of our modern society.

This article is completely out of place on a technical web site. How about a Java-related article instead of an opinion piece on AIG-style executive bonuses?

There might indeed be no more Java related articles, they may become sections within the z series related articles.

Ok, it is mixing Monty Python's Holy Grail with hasty generalization. The fact it includes a duck is merely gravy.

Really what the OP is doing is applying duck typing to corporations that lose money. If they lose money, and pay bonuses, they are evil. Evil like a witch, and should be burned. Just because a corporation loses money and pay bonuses (the duck typing operation) doesn't mean they are the same type of corporation (mostly owned by the US government vs. not owned by the use government). So the failure to check static typing results in an inappropriate calling of the BurnWitch method, since Sun Microsystems is not a witch, even though the OP dressed her up like a witch. Yes, Sun has warts. But instead of burning her we could build a bridge out of her, whether or not she is made of stone or wood.

Have I made my point clearly enough?

And just why shouldn't the exec team get a bonus? I mean come on take a look at what the rumours are indicating the buyout price is. So as a stock holder why would I not want to give them some cash for getting such a good price for my stock (my stock will double in value)? Is this not what it is all about getting as much as they can for the stock holders of the company. And shouldn't they get a cut for negotiating such a good deal for me the stock holder? Or should I demotivate them and tell them they are not going to get one red cent. At that point why would they even attempt to get more than the current market value for my stock? As a stock holder I want them to get a bonus that is tied to how much they get me above the market price for my stock. 

Bonuses for executives at Sun is a private matter between those executives and the owners (shareholders) of the company.  After all, those shareholders would have to approve any sale of the company.

 In the case of AIG bonuses, the American taxpayers now own 80% of the company (for better or worse), and as such we have every right to complain loudly about those bonuses - especially since they're being given to the very division that would have bankrupted the company if not for the government stepping in.

I dunno, Eric. In my mind this article raised an entirely reasonable and appropriate question, and it is a sign of the times. Just today, I saw on CNNMoney.com that the normal "Latest News" section was literally bumped down from its normal position at the top of the page. In its place was an extraordinary section with NINE different headlines about the current AIG outrage (unlikely to be the last.)

If you were (or perhaps are) a Sun shareholder, then I think the very first question on your mind would be whether or not the execs who steered the ship on its way to this current juncture should be rewarded for their performance? The example set by the AIG execs is almost certainly not unique, but rather is being repeated around the world in lots of slightly different ways and slightly different situations.

It doesn't matter to me that this question is unpopular. I still feel it is one that warrants consideration, and I believe it is relevant to many of us because of our significant investments in Java, regardless of whether we own any Sun shares.

Let's frame it a different way. Would anyone here like to bet me $100 that Sun execs receive multiple millions in bonuses and payouts if this fire sale to IBM is consummated?

Rick

Let's frame it a different way. Would anyone here like to bet me $100 that Sun execs receive multiple millions in bonuses and payouts if this fire sale to IBM is consummated?

It's bizarre. Are you going to ask the same question whenever a company is taken over by another company? Why pick on Sun? How is Sun especially evil? What about the BEA-Oracle story? Did you ask that question then? Are you asking it now? The only way that this article and this question is justifiable is if it is republished every time one company takes over another company, with a search/replace for "Sun" with whatever the name of the other company is. Would anyone like to bet me $100 that this won't happen?

PS: Here's wishing I could vote this article down twice, because it is just so bad.

 

If Sun is bought by IBM , I think all  open source products of Sun will shut down except Java. This is bad for developers.

IBM only want to buy Java privilege .

 

I think this is JavaLobby not JavaHowto!

I am not an American citizen, nor do I live in the US, but I think you are seeing communists everywhere..... ;-)

Why should'nt we talk about what could be motivating Sun's exec to sell Java(tm) to IBM ?

 

Regards,

Guido

 

 

 

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