Ghosn desides House Arrest in Japan is just a suggestion, manages to escape to Lebanon

[Steel Shank 9430]

With him off running around in Beirut tapping some fresh strange, she's gonna be looking for some hot dick. That's where Steel Shank comes in. Easy pickens.

[Mappable 37]

Ghosn press conference is live:

 

[Sandman 3405]

The Japanese act like he's the first Carlos to ever sneak across a border. They should've known he had it in him.

[BBQ2Bayou 807]

I can't understand greed of this magnitude. What was this guy's legit salary? 20, 30, 40, 50mm a year? 

[Anastasis 23481]

Nice fitting suit. Maybe a little more show to the cuff and some work on the sleeves.  And need a watch check. Looks like a Casio on my small screen. 

Edited January 8, 2020 by Anastasis

[Anastasis 23481]

This q a session is settled into up to be a shit show. 

[52-80 19205]

8 hours ago, BBQ2Bayou said:

I can't understand greed of this magnitude. What was this guy's legit salary? 20, 30, 40, 50mm a year? 

lol, nobody knows because it was never reported in the annual reports.  motherfucker set all the executive pay without oversight of board-based compensation committee, or audit committee

[Errestaurants 2570]

So did the guy actually do something worth the ass kicking he was getting in Japan? Serious question. 

[52-80 19205]

1 of the accusations was that he and his croney backdated and forged, and otherwise falsified , metrics to award himself an extra $50m or so in retirement.

 

in the press, he says that can't possibly be true, and he shouldn't be arrested because:

(1) it's not a fixed/guaranteed payout (no shit, it's metric-based, metrics that you engineered and backdated)

(2) he didn't get a cent from it (no shit, because it's written to your retirement pack, not your 2018 pay)

(3) it's not a criminal or arrestable offense anyway, but only in Japan where they conspire against him.

 

Yeah, sure, it's all untrue even though the SEC charged his ass with the same thing and he *reached a settlement with them*.  Because that's what innocent people do, pay $1M for something they had no involvement in.

[Incredulity 11679]

1 hour ago, Errestaurants said:

So did the guy actually do something worth the ass kicking he was getting in Japan? Serious question. 

Probably depends on your personal  beliefs regarding CEO’s/c-suite compensation/global business ethics.

I think he is a narcissist that resurrected a moribund Nissan and Renault. There are significant nationalistic politics involved in both organizations that made the “Alliance” a sticky situation.  I don’t believe that anything I have heard him being accused of would result in the same consequences ,even ASSUMING GUILT, in very many other situations.

[Updawg 2281]

Probably depends on your personal  beliefs regarding CEO’s/c-suite compensation/global business ethics.
I think he is a narcissist that resurrected a moribund Nissan and Renault. There are significant nationalistic politics involved in both organizations that made the “Alliance” a sticky situation.  I don’t believe that anything I have heard him being accused of would result in the same consequences ,even ASSUMING GUILT, in very many other situations.

Definitely not in the US. CEO's are untouchable here.

[TwiceHorn 31513]

16 hours ago, 52-80 said:

1 of the accusations was that he and his croney backdated and forged, and otherwise falsified , metrics to award himself an extra $50m or so in retirement.

 

in the press, he says that can't possibly be true, and he shouldn't be arrested because:

(1) it's not a fixed/guaranteed payout (no shit, it's metric-based, metrics that you engineered and backdated)

(2) he didn't get a cent from it (no shit, because it's written to your retirement pack, not your 2018 pay)

(3) it's not a criminal or arrestable offense anyway, but only in Japan where they conspire against him.

 

Yeah, sure, it's all untrue even though the SEC charged his ass with the same thing and he *reached a settlement with them*.  Because that's what innocent people do, pay $1M for something they had no involvement in.

https://www.cnbc.com/2019/09/23/ex-nissan-ceo-ghosn-settles-sec-charges-over-undisclosed-compensation.html

He paid a mil, Nissan 15.  And the SEC is pretty lax, so the violations must have been egregious in terms of proof.