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Journal Communications Inc. Message Board

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  • sunrisepop46 sunrisepop46 Mar 28, 2005 11:56 AM Flag

    Annual Report

    Are you guys saying another Leg fell off the Retirement stool?

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    • You got that right Pop...we'll be sitting on the floor before you know it...maybe start an English-printed newspaper in Bagdad..we're spending one billion a week over there now...get to the trough beside Haliburton...nobody will put a stop to those abuses either. Our abuses are perpetual renewable contracts, golden parachutes, bonuses ,pension contributions, incentive comp payments-all out of proportion to the weak revenue,profits,and growth we've shown since JRN went Public. As far as the demise of Add,Inc.; that's just an example of JRN leaving bad management in place far too long. The top management team in Waupaca took $13 million in profit down to $0 before the boys in Milwaukee finally pulled the plug after six years of bad decisions at both levels. All Milwaukee had to do was listen to the employees instead of the four-person management team at the head of Add, Inc. But why would management listen to employees; what a revolutionary thought. At least Add, Inc. (Journal Community Papers) has a capable executive in place now.

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