The Sprint Company and Insanity

Did you see the article yesterday in The Star?: Spring increased CEO Hesse's compensation 31% last year Is that a sweet, sweet deal or what? Here's why it's lousy for Sprint, their employees and their shareholders, however and why it MAKES ABSOLUTELY NO SENSE: "Sprint Nextel Corp boosted Chief Executive Officer Dan Hesse's compensation 31 percent last year even as the Overland Park wireless carrier reported its fifth straight annual loss." Ain't 'dat a beauty? The company you're running, the company you're responsible for, the company you're supposed to either make or keep--or both--profitable actually LOSES MONEY FOR THE 5TH STRAIGHT YEAR but your buddies, the ones you appointed to the Board of Directors VOTE YOU A PAY RAISE. And forget about, oh, I don't know, a 3% or 5% or 7 or 10% raise! They give you a whopping 31% raise in pay. And at what you were making before, this ain't chicken feed. And people wonder why there is an "Occupy" movement or why stockholders get angry. Sheesh. You'd think Mr. Hesse and all these CEOs would be embarrassed. Wait. What am I saying? Who am I kidding? Besides, it seems like EVERY Sprint CEO takes gross advantage of that organization when they're at the top of it, starting with Bill Esrey, at least, to Gary Forsee and now this. It's just more of the same. Sure, it's ugliness but they just keep on doing it-fleecing the company, the employees and the stockholders. Shameful. Link to original story: http://www.kansascity.com/2012/03/27/3518998/sprint-increased-ceo-hesses-compensation.html