mitsu06mr

join:2010-06-07

Ozone Park, NY 1 recommendation mitsu06mr Member Damn shame.. Damn shame this guy gets 56 million to dump TWC. I can't believe how mismanaged this company is for the last few years!



Just imagine what 56 million would build. A lot of new fiber optic access lines and system upgrades! Corporate American greed at its best. The best part is as soon as Comcast takes over they probably will negatively impact technicians pay! While this single person walks away with $56 million!!



tshirt

Premium Member

join:2004-07-11

Snohomish, WA tshirt Premium Member Re: Damn shame.. He was going to make similar money no matter who bought them.

The board knew this when the decided to sell and they brought him in to get the best price.

Golden parachutes serve the purpose that allows the exec to act on the shareholders behalf without thought to his personal goals or if it puts him in the position where his actions mean he'll never be offered a lead role again.

Without this you get a situation like RIM/ blackberry where the egomanics in charge continued to believe it was worth the risk to see if they could save it, rather than face the music and sell what was a rapidly shrinking value.

This will add almost nothing to the monthly fee compared to (IMHO) the excessive price Comcast is paying TWC shareholders.



your moderator at work hidden : Trolling



The Limit

Premium Member

join:2007-09-25

Denver, CO 1 recommendation The Limit to tshirt

Premium Member to tshirt

Re: Damn shame.. Wait, so you are defending the fact that this ONE guy walks away from this company with 56 million dollars? How long are you going to continue defending this kind of behavior? That's wasted money, money that could be used elsewhere other than being in control of ONE person.



tshirt

Premium Member

join:2004-07-11

Snohomish, WA tshirt Premium Member Re: Damn shame.. The sale isn't for the benefit of subscribers, it is for investors.

THEIR hired gun paid off, for THEM, as planned.





The Limit

Premium Member

join:2007-09-25

Denver, CO 1 recommendation The Limit Premium Member Re: Damn shame.. So, in other words, there are no positives for the consumers in terms of this merger. Thanks for clearing that up.



tshirt

Premium Member

join:2004-07-11

Snohomish, WA tshirt Premium Member Re: Damn shame.. said by The Limit: So, in other words, there are no positives for the consumers in terms of this merger. Thanks for clearing that up. I didn't say there are NO positive aspects, but that is not why the deal was made.



The Limit

Premium Member

join:2007-09-25

Denver, CO 1 recommendation The Limit Premium Member Re: Damn shame.. "The sale isn't for the benefit of subscribers"



Pray tell, what positive aspects of this acquisition exist other than to putting money in investors' and this CEO's pocket? I don't see any positive aspects. If this merger occurs, I'll have a choice between two capped providers. I don't see how that would be a positive aspect for me. I share an apartment with two other individuals, and our usage easily exceeds 300 GB per month, which, by the way, is all legal usage. Before you suggest that we upgrade to "business class", why should I have to do that? Why does paying just a bit more all of a sudden cause my capped connection to become uncapped?



I know I can't be alone here either. All I see happening is our broadband infrastructure starting to mirror Canada's broadband infrastructure, and that's something I'd rather not see our country move towards.

Crookshanks

join:2008-02-04

Binghamton, NY Crookshanks Member Re: Damn shame.. said by The Limit: I share an apartment with two other individuals, and our usage easily exceeds 300 GB per month I live by myself, and my usage rarely exceeds 20GB per month. Why should I pay the same as you?



The Limit

Premium Member

join:2007-09-25

Denver, CO The Limit Premium Member Re: Damn shame.. That's not my problem. Take that up with the carrier. If you only use your connection that much, then consider downgrading to something slower.

Crookshanks

join:2008-02-04

Binghamton, NY 1 recommendation Crookshanks Member Re: Damn shame.. Well, your flippant "That's not my problem" response works equally well in your direction.



Cry me a bloody river when your internet bill goes up. You've got THREE incomes to pay for ONE household. I think you can afford a slightly higher internet bill, just as I'm sure your electric bill is higher than mine, plus your car insurance too (unless of course you lied to the insurance company).



You still come out ahead of me at the end of the day, so I don't want to hear it.



The Limit

Premium Member

join:2007-09-25

Denver, CO The Limit Premium Member Re: Damn shame.. That's a lot of assumptions to make. First of all, I'm a student. Second of all, none of us have jobs because I'm a math major, my colleague is a math major, and my other colleague is a chemistry major. Our GPA's would be negatively impacted otherwise.



And no, it's not my problem that someone wants to complain about paying too much money for something that he/she doesn't fully utilize. My usage doesn't imply that I'm causing him/her to pay more. If you have any statistics to prove that claim, then I'll immediately retract my statement.

The Limit The Limit Premium Member Re: Damn shame.. Did you read the article that I posted?

The Limit The Limit to Anon

Premium Member to Anon

Re: Damn shame.. Actually, none of that is the case, again, more assumptions. Let's get back on topic here. First of all, I saved money, I worked 2 jobs myself and managed to keep my GPA up. I'm not crying a river. You are under this disillusioned belief that my consumption affects your bill, which again, isn't true, and which you still haven't acknowledged. Thus your point is null.

Crookshanks

join:2008-02-04

Binghamton, NY Crookshanks Member Re: Damn shame.. said by The Limit: First of all, I saved money, I worked 2 jobs myself and managed to keep my GPA up. said by The Limit: none of us have jobs because I'm a math major, my colleague is a math major, and my other colleague is a chemistry major. Our GPA's would be negatively impacted otherwise. said by The Limit: You are under this disillusioned belief that my consumption affects your bill, which again, isn't true, and which you still haven't acknowledged. why you should be paying the same as I do, when you've got THREE people using the connection, and are running up consumption totals that are 15 times my typical average.



Are you seriously going to claim with a straight face that a household such as yours requires the same infrastructure investment on the part of your ISP as a household like mine? So which is it, eh?I made no such statement. I simply askedyou should be paying the same as I do, when you've got THREE people using the connection, and are running up consumption totals that are 15 times my typical average.Are you seriously going to claim with a straight face that a household such as yours requires the same infrastructure investment on the part of your ISP as a household like mine?



The Limit

Premium Member

join:2007-09-25

Denver, CO The Limit Premium Member Re: Damn shame.. I'll connect the dots for you, and this will be the last reply to this since you are eager to personally attack me. I went to a community college in order to save money. I worked two jobs, went to school full time, and did well. I transferred to a university. I continued to work, realized that my grades were being negatively impacted by my working status, dropped down to part time, and continue to do this. Work is sporadic because finding part time work is no easy task, be it fast food, grocery store work, etc. I don't count the job I do now as work, but as relaxation as the job is easy. I easily spend 8-10 hours a day studying. I'm not lazy, not a freeloader.



Again, you need to read the article I posted above and educate yourself on the basics of how a network is implemented and managed. I don't say this with a sneer, but in sincerity.



You may have not directly stated that my consumption affects your bill, but it can be easily shown that what you said indirectly implies that I should "pay more" based on my usage, and that somehow you're subsidizing my usage. Again, if you don't use much, then consider downgrading. There's no point in paying for something that you don't take advantage of, and casting heavy users in a bad light is disingenuous. Can we please get back on topic now?

Crookshanks

join:2008-02-04

Binghamton, NY Crookshanks Member Re: Damn shame.. said by The Limit: Again, you need to read the article I posted above and educate yourself on the basics of how a network is implemented and managed. said by The Limit: Again, if you don't use much, then consider downgrading. said by The Limit: casting heavy users in a bad light is disingenuous



Personally I don't like caps, I've argued repeatedly for 95th percentile billing, which is a much fairer system from a network management/investment standpoint. It would just be harder to explain to consumers, which is probably why no ISP has decided to adopt it for residential class connections. I've worked in the IT business since 1996, including two stints with ISPs, one of which managed to beat the "big boys" (Time Warner and Frontier) to market with broadband in our local area.Downgrade to what? The MSO here offers ONE pricing model. In my market I can get 10/1 for X dollars or 15/1 for $5/mo more. 'X' is variable depending on the other services on your account.I'm not casting them in any sort of light, I just don't think they should be paying the same as the non-heavy users. They impose a greater burden on the network, which requires a greater investment on the part of the ISP to meet.Personally I don't like caps, I've argued repeatedly for 95th percentile billing, which is a much fairer system from a network management/investment standpoint. It would just be harder to explain to consumers, which is probably why no ISP has decided to adopt it for residential class connections.

Dampier

Phillip M Dampier

join:2003-03-23

Rochester, NY 1 recommendation Dampier to Crookshanks

Member to Crookshanks

Don't be a sucker for the phony "fairness" argument. Your broadband prices are going up whether you use 10 or 1,000GB a month. You'll pay more and the other guy will pay a lot more. Nobody saves any money with usage caps. Some people just pay a lot more.

sonicmerlin

join:2009-05-24

Cleveland, OH 1 recommendation sonicmerlin to Crookshanks

Member to Crookshanks

We've covered this countless times. ISPs don't pay for bytes, they pay for peak bandwidth use of the aggregate customer base. Mbits/s. stop with the nonsense.

Crookshanks

join:2008-02-04

Binghamton, NY Crookshanks Member Re: Damn shame.. Which is why I've repeatedly argued in favor of 95th percentile billing instead of usage caps.



Either way the data hogs will pay more. 95th percentile billing would be inherently fairer, and more effective at managing usage, but would also be considerably more difficult to explain to consumers.

sonicmerlin

join:2009-05-24

Cleveland, OH 1 recommendation sonicmerlin Member Re: Damn shame.. There's no such thing as a "data hog" when the cost of bandwidth is a minute fraction of the cost of the initial equipment outlay. And you're right, 95th percentile billing would be incredibly confusing. Not to mention, ISPs don't care. They're already profitable.



tshirt

Premium Member

join:2004-07-11

Snohomish, WA tshirt to The Limit

Premium Member to The Limit

said by The Limit: ...Before you suggest that we upgrade to "business class", why should I have to do that? Why does paying just a bit more all of a sudden cause my capped connection to become uncapped?



Because the extra $30 a month/$360 a year is apparently what they choose/what the economics require they sell that "less limited" service for, and by agreeing to prepay, rather than being billed as an overage you get a lot more for your buck.

To the other 99%, 3 heavy users on one account, paying more than 1-2 light bandwidth users makes sense, so you can keep fighting over the semantics of how this private last mile network chooses to package the two sizes they do sell end users... medium and super colossal gigantic large. Ignore the term Business class, and rather than uncapped think less limited and it makes sense that by paying more, you get more.Because the extra $30 a month/$360 a year is apparently what they choose/what the economics require they sell that "less limited" service for, and by agreeing to prepay, rather than being billed as an overage you get a lot more for your buck.To the other 99%, 3 heavy users on one account, paying more than 1-2 light bandwidth users makes sense, so you can keep fighting over the semantics of how this private last mile network chooses to package the two sizes they do sell end users... medium and super colossal gigantic large.

Skippy25

join:2000-09-13

Hazelwood, MO Skippy25 Member Re: Damn shame.. I must of missed your reply above....



So how is this merger beneficial to consumers and thus should be approved?



KrK

Heavy Artillery For The Little Guy

Premium Member

join:2000-01-17

Tulsa, OK KrK to tshirt

Premium Member to tshirt

I'll say it for you. "There are NO positive aspects for consumers."



These days, there rarely is.



dvd536

as Mr. Pink as they come

Premium Member

join:2001-04-27

Phoenix, AZ dvd536 to The Limit

Premium Member to The Limit

benefits for customer: data caps and rate hikes

Skippy25

join:2000-09-13

Hazelwood, MO Skippy25 to tshirt

Member to tshirt

The golden parachute becomes his goal. How he can work that into the shareholders benefit becomes his focus.



Don't kid yourself, greed is the only motivating factor in a corporation and that stands for everyone from the board to the executives. As long as they can make it look like it benefited the shareholders per their legal obligation, they are only looking out for themselves.



hamburglar

join:2002-04-29

united state 26.0 3.8

hamburglar to mitsu06mr

Member to mitsu06mr

said by mitsu06mr: Just imagine what 56 million would build. A lot of new fiber optic access lines and system upgrades! That's a lot of last mile connections to the under served for broadband.

Kearnstd

Space Elf

Premium Member

join:2002-01-22

Mullica Hill, NJ Kearnstd to mitsu06mr

Premium Member to mitsu06mr

modern companies always put investor over customer.



Especially in a business where the customer is a captive audience. Telecom is not like supermarkets where the company has to actually fear loss of business.



MaxProfit

@choopa.net MaxProfit Anon Sounds reasonable to me... It's a nice paycheck for all his hard work.



POB

Res Firma Mitescere Nescit

Premium Member

join:2003-02-13

Stepford, CA POB Premium Member ... Gosh, yet another consolidation of industry giants...all in the name of the best interests of the consumer, of course.



Hey I have a bridge to sell over by the tomb of Grant that I'm selling. IM me if interested...



/sarcasm

JackBauer

join:2006-08-24

Schenectady, NY JackBauer Member Cannot wait for VZ to get off their butts on the VMS My TWC bill has gone up 10% in 3 months, two separate price increases. (Not from any promotion expiration)



I cannot wait to rid myself of this company... Don't want to do it until VZ finally has their "real" DVR out though.



buzz_4_20

join:2003-09-20

Biddeford, ME buzz_4_20 Member See what happens when You pull yourself up by your bootstraps.



I'm sure he works that much harder than the other employees.

rjbasye

join:2000-05-24

Dry Ridge, KY rjbasye Member Re: See what happens when I'm sure he works hard by putting his customers first right? TWC is rated next to last in customer service behind Comcast. Without us pee ons He has no business.



ITALIAN926

join:2003-08-16 ITALIAN926 to buzz_4_20

Member to buzz_4_20

Thats the funniest thing Ive read all day, possibly all month. Id like to see this CEO run a coax drop from pole to house during single digits and 20mph winds.



PLEASE now.



anonomeX

@comcast.net anonomeX Anon "...do some work..."? Huh? He's a CEO. Short-timer or not, since when does any CEO do any real work? They talk a lot to the press and in meetings (probably), but real work? (Oh, right... someone was just being funny... good one.)



jmn1207

Premium Member

join:2000-07-19

Sterling, VA jmn1207 Premium Member Bend Over Marcus said. Simply as a point of pride, we want to hand the baton over to Comcast with this company in the best shape its ever been in."



Take a guess at where that baton will be shoved into the customers.

etaadmin

join:2002-01-17

united state etaadmin Member Just get the deal done ... and get out of the way.



There is nothing new with this guy making millions for doing nothing, the point is can we consumers get better service and TV equipment form Comcast?



IMHO yes, we can so get the deal done and good bye. TWC is no longer interested in giving its subscribers the latest and fastest, so lead, follow or get out of the way.



motorola870

join:2008-12-07

Arlington, TX motorola870 Member Re: Just get the deal done probably they will keep doing the speed upgrades to 100/5 doesn't take too much spending to do. I mean all it takes is increasing the bonding to 8 down and 1 up to achieve it. Likely all of the CAPEX to do those projects has been spent so it is basically probably just a matter of time before each area has downstream bonding expanded to 8 down. Looks like channel adds will continue for the next couple of months before tapering off.

46436203 (banned)

join:2013-01-03 46436203 (banned) to etaadmin

Member to etaadmin

Hell no.



Comcast can take their bandwidth caps and shove them up their ass.



I'll take Time Warner's slower, UNCAPPED service any day. Stay the hell away Comcrap!

en103

join:2011-05-02 en103 Member 1:1000 goes to Marcus Basically out of a $44billion, 56 million ends up in one persons pocket!

That's more than $1 for every thousand that the company is worth!

smcallah

join:2004-08-05

Home smcallah Member Re: 1:1000 goes to Marcus That's actually a horrible commission for a salesman. Most salesmen get way more than 0.1% commission.

sonicmerlin

join:2009-05-24

Cleveland, OH sonicmerlin Member Re: 1:1000 goes to Marcus The basis of commissions is to provide incentive for a salesman to earn more income for the company. At $56 million that incentive is perversely eliminated. Providing a commission rate analogous to the common salesman for the sale of a multi billion dollar company would be absurd.



Eddy120876

join:2009-02-16

Bronx, NY Eddy120876 Member Gotta love this parasites All the do is crash or make a company fail so they can be bought. Yet if you make a mistake a work you get fired with no golden parachute and all this companies keep hiring this same parasites over and over. Gotta love the greed.

smcallah

join:2004-08-05

Home smcallah Member Re: Gotta love this parasites When did TWC crash or fail?



Eddy120876

join:2009-02-16

Bronx, NY Eddy120876 Member Re: Gotta love this parasites Meaning that a company was doing so well and all the sudden we need to merge . Same tactic just less atrocious.

63475675 (banned)

join:2014-01-06 63475675 (banned) Member PARASITE Rob Marcus. An accurate description. Another over paid, under worked, leech living off the customer, and the hard work of the rank and file employees.



This is the perfect example of "Welfare for the rich".



Guest

@comcast.net Guest Anon All these comments I see some people are going to argue that since some people use more that they should pay more but honestly this is irrelevent...these companies look at where you live and average earnings and adjust pricing to get as much of your money transferred to them as possible...plain and simple.