http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/ Engadget Comments for Jon Rubinstein's new salary: $850,000 per year, Pre-tax http://www.engadget.com/media/feedlogo.gif http://www.engadget.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 6:40AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
Guy one to the left: Looks very sick and tired
Guy two with glasses: Really he isn't smiling, he's ready to kill
Guy three: doesn't have any clue of anything
Guy four: That must be a robot
Guy five: Thinks: "Yeaah.. that's pretty cool"]]>Jun 12th 2009 6:59AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
All hail Rubinstein.....Pre's gonna blow up when it hits Verizon. ]]>Jun 12th 2009 8:21AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 10:25AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 6:48AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 6:54AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 7:00AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 7:01AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 7:06AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
Wow. How very socialist of you.]]>Jun 12th 2009 7:55AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 8:07AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
I'm just going to shake my head and assume you are either joking or you are under 25 with no real career or responsibilities yet.]]>Jun 12th 2009 8:20AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
How is half a million not more than enough for any *reasonable* life? Do you realize that the poverty line for a family of five is considered to be 24,800 a year? Please just consider these two numbers.]]>Jun 12th 2009 8:55AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 8:57AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 8:59AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Barney Frank wants to extend pay regulations to private companies also.

I'm not trying to start something political. I just believe that people should be allowed to get paid for their worth, regardless of what anyone else may deem excessive.]]>Jun 12th 2009 9:09AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
i should really change my s/n, since i am no longer a kid anymore lol

i was not aware that Barney Frank wanted to extend it to private companies. while i think that most CEOs are overpaid, it is not the government's place to say what the private sector can or cannot pay their employees. so i agree with you in that regard.

but you are right, no need to start a political debate.]]>Jun 12th 2009 9:29AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 9:33AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
Seriously, we need to start putting stupid people on birth control or let their own stupidity make them homeless, hungry, and dead.

Yeah, I'm an ass. Live with it.]]>Jun 12th 2009 9:43AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
A) We live in the US and we believe in the right to act as we choose. If a company wants to pay a salary of eleventy billion dollars it is their right. If you don't like that sell/don't buy their stock, it is your right.

B) We live in a global market place in which competition for individuals with certain skill sets are in demand accross the globe. If you want to limit salaries in the US, the congrats to Ericsonn, Nokia, Sony, Toyota, etc. etc. Your compitition for premium CEO talent was just eliminated...

C) $850,000/year is really, really cheap for a top notch CEO. I actually can't believe they got him that cheap.]]>Jun 12th 2009 10:29AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
Give it up. You're in the wrong forum making comments that make sense and has made this nation great for the last 233 years. Your political comments here won't be appreciated unless you say something about helping Darfur or free Tibet. Basically, you have to say some left-wing approved battle-cry or something. Otherwise you will be seen as an insensitive, racist, homophobe, bible-thumping, gun-loving, Rush Dito head a$$hole here. Wrong crowd. It's what happens in the biggest collection of smart college kids on the web.

I for one agree with your comments and think we need a civilian commission to set all politician salaries based on their performance and outlook since they're getting 100% of our tax dollars to pay their salaries and their 8 year old's extravagant birthday parties. Where's the sensation about that ridiculous expense? How may kids in Darfur could that birthday party have fed? The whole country? Let the flaming of apeguero begin by the very inclusive and tolerant left...]]>Jun 12th 2009 11:03AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 11:54AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
This is not a moron getting tens or hundreds of millions of dollars for running a bank and by extension half a country in to the ground. ]]>Jun 12th 2009 12:17PMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
Yea, I'm a college student and the reality is that college kids are too young to really know what they are talking about, to have had experience in the real world like older people do. The funny thing is, these older, more experienced people are much more likely to be Conservative than college kids, who are typically brainwashed by their left-winged professors (Trust me, I go to one of the most liberal colleges in America). And those professors are, many times, left-over hippies from the 60s and 70s, who either really love teaching (which is great), or can't find another job because they don't want to put out the effort to find one. These are the professors that have 2 to 3 classes a day, work sub-40 hours a week, and are basically off the whole summer. Meanwhile, they are wondering why they don't get paid as much as the people that put in 50, 60, and 70 hour workweeks, and plead for some kind of legislation from the Democrats that forces the colleges to pay them more. Since these democrats have so much "empathy" (more like a need for votes), they try as hard as they can to pass these regulations for these lazy professors.

The bottom line is, youth ignorance is blinding.]]>Jun 12th 2009 12:22PMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 12:25PMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 12:29PMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 1:03PMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 1:51PMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
The banks were paying their CEOs to make grander and grander illusions. Palm's paying their CEO to make awesomer and more useful stuff.

What Palm is doing is what American business should really be about.]]>Jun 12th 2009 4:00PMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
CEOs are the first in line to be fired if the company doesn't perform. They are the final say in what direction the company is to go. If you want competent executives that know the consequences of decisions they make, you are going to have to pay top dollar for them. If you cap CEO pay at a set amount, they will be less likely to make informed decisions because less is on the line. The smart ones will move to companies where they get better pay and you'll likely get someone in there with little to no experience running a billion or multi-million dollar company. CEOs don't just sit on their hands all day and collect a paycheck. They make strategic moves about where and how the company will head in the next few years.

If you had 2.5 billion dollars/year on the line, would you hire a homeless person off the street to manage your money or would you hire someone with a few million/year?]]>Jun 12th 2009 4:26PMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
The salary cap was ONLY FOR BAIL-OUT COMPANIES, and it came about because of the public outrage over the ridiculous amounts of money being wasted on executives while their companies were teetering on bankruptcy.

And the bail-outs themselves were as far from "socialism" as it gets --- they were meant to stabilize and strengthen the FREE MARKET. Keeping the free market from collapsing on itself because of greed and recklessness is actually the best hedge AGAINST populist socialism coming from a major global depression.]]>Jun 12th 2009 4:45PMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 11:36PMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 7:07AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 7:11AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
I think your on the right track, but this is probably what's really going on....

Guy One: “I guess I didn’t have to start this line after work yesterday and spend the night here…..Stupid!”
Guy Two: “I can’t wait to hit on that chick up there after I get the new Palm.”
Guy Three: “I can’t wait to hit on Mr. Rubinstein after I get the new Palm.”
Guy Four: “Must…Destroy…World….”
Guy Five: “Did I just see an LED light flash under the skin of this bald dudes head?”
]]>Jun 12th 2009 7:13AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 7:27AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 7:50AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 8:11AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
Palm has been bleeding money for years-good thing they pay THIS guy so much.

Why do they pay CEOs so much for doing so poorly?]]>Jun 12th 2009 8:26AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 8:38AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
Many senior software developers in the United States make well over $100K a year without bonus, give or take based on the complexity of the stuff they work on (in Palm's case, you're talking embedded stuff). You're talking the salary of maybe 10 developers at most.]]>Jun 12th 2009 8:46AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 8:51AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 9:20AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 9:02AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
Back in December, I considered putting $5,000 into Palm stock when the share price was $1.42, in anticipation that the Pre would be a huge success.

Instead, I picked up a Canon 5D Mk. II and some accessory gear.

If I had gone with my first instinct, I'd be sitting on $46,478 right now. That's like... Bernie Madoff good. ]]>Jun 12th 2009 10:18AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 11:03AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 11:07AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 13th 2009 5:34AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/Jun 12th 2009 10:20AMhttp://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/http://www.engadget.com/2009/06/12/jon-rubensteins-new-salary-850-000-per-year-pre-tax/
(...not anywhere near his current salary)]]>Jun 12th 2009 11:59AM