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RE: Giants, Frogs, et al

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Depending on what level you are hired in at WJE, you are required to own a certain amount of stock.  You must purchase the stock either via a cash payment or a payment plan financed by the company.  Whether this is a problem or not is in the eye of the beholder.

________________________________

From: David Fisher [mailto:dfisher(--nospam--at)fpse.com]
Sent: Fri 12/9/2005 5:54 PM
To: seaint(--nospam--at)seaint.org
Subject: RE: Giants, Frogs, et al



I am missing the issue here, I guess...

 

Is the problem that the company gets interest on your stock purchase or is it that

You have to actually pay to "buy" the stock?

 

 

 

 

David L. Fisher  SE  PE

Senior Principal 

Fisher + Partners Structural Engineers inc

372 West Ontario 

Chicago 60610         

 

312.573.1701

312.573.1726 fax

312.622.0409 mobile

www.fpse.com         

 

David L. Fisher  SE  PE

Director

Head of Design and Construction

Cape Cod Grand Cayman Holdings Ltd

75 Fort Street

Georgetown Grand Cayman BWI

mobile 312.622.0409

www.ccgch.com

 

 

 

 

 

 

 

 

 

 

 

________________________________

From: Stuart, Matthew [mailto:mstuart(--nospam--at)schoordepalma.com] 
Sent: Friday, December 09, 2005 4:38 PM
To: seaint(--nospam--at)seaint.org
Subject: RE: Giants, Frogs, et al

 

________________________________

From: Polhemus, Bill [mailto:BPolhemus(--nospam--at)wje.com]
Sent: Fri 12/9/2005 5:33 PM
To: seaint(--nospam--at)seaint.org
Subject: RE: Giants, Frogs, et al

From: Stuart, Matthew [mailto:mstuart(--nospam--at)schoordepalma.com] 

> I am familiar with their buy-in program/plan...

 

I wish I could say the same. It's sort of looming on the horizon, but I'm far too busy to think about it right now.

 

THEY WILL FINANCE YOUR STOCK PURCHASE

 

But this much I can say: I wish that Engineers would "grow up" as businesspeople and treat each other with at least the same courtesy that rat-bag attorneys do among themselves.

 

I think we're far more deserving, personally.

 

But as one of the firm's principals remarked when I asked why he thought more engineering firms didn't practice "progressive partnership":

 

"It's because when an engineer starts his own company he thinks he's the only one who OUGHT to benefit."

 

Hm.

 

I've always heard "a rising tide lifts all boats." But not, apparently, where engineering business practices are concerned.

 

I guess we're all "Keynesians."

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