5 reasons (some) CEOs aren't good people

It's not fair to judge all executives by the high-profile villains among their ranks. But their answers in surveys explain why so many people hold the C-suite in low regard.

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VIDEO ON MSN MONEY

168Comments
Apr 10, 2014 12:51PM
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There is no one, and I mean no one worth what professional athletes and CEOs are being paid. Our congress is making $174,000/year salary, WTF??? It is totally ridiculous that these baboons are paid so much to do so little and given golden parachutes when they dang near bankrupt a company. They've sent our jobs overseas and to Mexico, reduced full-time employees and benefits, and between the good ol' boys have dang near run this country into the ground while we "middle-class" peons support the rich and the poor. There are plenty more than 5 reasons.
Apr 8, 2014 10:13PM
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Some? Some?  Over the last 10 years try a ton of them have been rotten.  The Oil Companies, Banks, General Motors, Sears, Hostess, Walmart., evil people. When Walmart took up a food collection for its "associates" before thanksgiving that really pissed me off.  I don't make a heck of a lot of money but the company I work for makes sure that all its employees can afford a Thanksgiving dinner.  They don't take up a collection from the public to buy us a turkey.  That was really sick and frankly a bit bold.  Walmart can afford to give all its employees a Thanksgiving turkey with all the trimmings and write it off.  WTF's wrong with these people!!  
Apr 8, 2014 8:43PM
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reason No.6


They're just self centered Bastards...

Apr 10, 2014 1:05PM
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A very polite article. Now let us discuss the real reasons people despise CEO's. They cut benefits, salaries, have black out 401 k's, overwork staff while remaining underemployed, manipulate bonuses and vacations while pocketing the money they save off their serfs. They can and will dismiss employees for any reason while being a hypocrite and making everyone else do their work to make them look good. Meanwhile, they are enjoying fishing, three homes, and multiple vacations and have great health care benefits for self. CEO's only believe they are irreplaceable- I disagree. I usually find their personal assistant, human resource manager to be much more knowledgeable. In fact, I think there are many CEO's who could not find their butt from their head without their assistants. Many CEO's are arrogant, self entitled and sleep very well regardless of the number of hours they require their "salary exempt" workers to work; when in fact many of these positions do not even meet the legal definition of salary exempt anymore because CEO's do not allow middle management to make a decision on their own without spending time and resources waiting to get hold of the right department. I have met a few self made CEO's who are down to earth and decent people but then as they grow, they have people who want those bonuses also; so they make everyone else s' life miserable; but the everyday average Joe worker will never be able to alert this CEO of issues destroying the morale and  company. Yes, sexism is alive and well as we have seen in the Republican party; guess who loves Republicans? Share the wealth and benefits MR. CEO with your employees- you know the little people that do not count but make you all the money? You can go without an extra million here or there and make your employees ' lives a little easier. Quit overworking Americans and allow them to have a life, a family life and quality of life. I will never work for anyone but myself again.
Apr 8, 2014 10:59PM
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Anyone can give  you more than 5 examples of  why you don't have to explain " 5 reasons why some CEO's aren't good people".  Reduce their salaries and bonuses--drastically--that would humanize them in our eyes and hearts.
Apr 9, 2014 5:45AM
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It's hard to believe large numbers of CEO types would actually fill out a 111 question survey, and if they did even harder to believe they would admit to being such incompetant jerks. Unless they were too stupid to figure out the questions.
Apr 10, 2014 12:57PM
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But unfortunately.  The better the employees - the people who actually do the work and make a success of the business IN SPITE OF the moron at the top - the less likely it is to ever get rid of the guy.  Who usually gets 10 times the pay they do.
Apr 10, 2014 2:15PM
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How about they send all of the jobs overseas to satisfy their greed of making more and more money and now there are no jobs for the middle class.
Apr 10, 2014 1:12PM
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They hide behind "Am responsible to shareholders" much too often.

We understand your job requires difficult decisions but be somewhat honest and we could become shareholders.

Apr 8, 2014 11:06PM
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Wow!  A MSN Money article I can actually agree with, even if it does state the obvious.
Apr 9, 2014 7:29AM
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i see billionaires  put there money up front to keep the market from falling  tue . they had better get use to  it  the feds are the only thing keeping the market  alive . they have made billions  off the feds in the last 5 years
Apr 10, 2014 4:35PM
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The only CEO that can be respected is the man or woman that started at

the bottom and worked the way up. MBA or not, work experience is

what gives the know-how to hold the position and demand the $$$.

Apr 9, 2014 9:14AM
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There was a book back in the 60's called  " The Peter Principal"  which had the basic theme that people rise to the level of their own incompetence.  It's probably still valid today, compounded by the corporate " good ol' boys" clubs which reward even the most dismal failures with big bonuses because all the members want to be sure they will get theirs when they screw up.  In government, people rise far beyond their level of incompetence as evidenced by our current President.
Apr 10, 2014 1:20PM
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Yeah I hate the State Farm CEO in Bloomington,Illinios headquartes office.  Someone wreck into my porch,tore up banister, concrete, porch post, porch roof  and estimate was $5,586.00  and State Farm people from Bloominton,Illinois CEO office after I wrote them letter complaining that all they wanted to pay us for damages was $3000.00.   Now I can't even get my porch back the way it was perfect before wreck into it because they are CHEAP and don't want to pay the whole amount.  I even wrote them 2 letters,send 20 pictures of damages and they send me a lousy $3000.00 for damages.  It happened in December 2013 after Christmas and got settlement from them and the CEO for a lousy $3000.00.  So yes I HATE CEO  they are money sucking insurance company and don't help the victims.  Their client insurance holder wreck a truck into my porch,it wasn't my fault,it was his fault.  Then they wanted me to get my insurance company to go half.  HA!!  Can you believe that!!  Now you know why CEO are so RICH !!!   GREEDY!!!    I hope KARMA  gets every darn one of the CEO.  IT"S a KARMA DAY PAYBACK BABY  !!!!!   BURN  !!!!!
Apr 10, 2014 5:22PM
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CEO's of the past grew their companies by growing their companies and the average CEO made 24 times the lowest hourly employee. Too many of today's CEO's can only grow their companies by offshoring jobs and/or cutting or freezing wages and benefits yet on average they make some 3000 times the lowest counting benefits. Why is that? Many on the right claim most minimum wage workers aren't worth minimum wage and that a Monkey could do their job. Funny if you've ever seen under cover boss you'll notice 95% can't do the jobs these low wage workers do. Maybe they should hire a Monkey as CEO?
Apr 10, 2014 2:56PM
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They don't floss and don't recycle their aluminum beer cans.
Apr 13, 2014 10:54AM
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Those were CEO's ? I thought they were elected officials ! 
Apr 10, 2014 2:18PM
Apr 13, 2014 10:58AM
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Our entire society is built on greed and hoarding.  We are bombarded every day with advertising telling us we will only be cool if we buy this or that.

CEO's and executives are generally greedy pigs.  I know because I have had to work side by side with a large number of them for years.  I am an executive, and every day I feel like I need to be steam cleaned from top to bottom to wash off the filth that slops on me from my peers.

There was a recent survey showing that there are 4 times as many psychopaths in the executive pool as there are in the rest of the workforce...4% vs 1%.  The only reason that survey came back at only 4% psychopath is because most executives are very, very smart and very good at lying.  They knew what that test was for just by reading the questions and gave the answers they knew would make them look good.
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