sticking it to the man

[narfna]

"Writing is a socially acceptable form of schizophrenia."
E.L. Doctorow

"Writing is the hardest way of earning a living, with the possible exception of wrestling alligators."
Olin Miller

~
I haven't written about the writer's strike yet because it seems like too big an issue to tackle. So, just for the record, even though not having my shows on the air

Comments

But who hires the CEOs?

[anonymous]

Answer: A company's board of directors. If a CEO doesn't promise to keep costs (salaries) down, he won't be hired.

Who hires the board of directors?
Answer: They are voted into office by a company's shareholders.

Who controls the shareholder votes?
Answer: Hedge Funds and Institutional Investors (e.g. retirement pesion plans and university endowments). CalPers has 171 BILLION under its management. Harvard's endowment is 35 BILLION!!!

Hedge fund managers typically make more money than the top paid CEO on Wall Street. See: http://money.cnn.com/2007/04/24/news/economy/hedge_fund_pay/index.htm

You're taking your anger out on the wrong people.

Re: But who hires the CEOs?

[narfna]

And by focusing on semantics, annoying anonymous poster, you are completely missing the point of the argument.

[rxdrewthejew]

The fact is the studios weren't willing to bargain with the writers at all. The Guild kept conceding and conceding, but you can't have bargaining talks if one side refuses to make an effort to appease the other side. It's too bad this had to happen, but the writers already got screwed over on VHS/DVD sales. And aside from the big time writers, most of these people live paycheck to paycheck, so it's only fair they get a cut of what the studios are making...

[narfna]

Thank you, Andrew.