Re: Geting Traded/Media

[Alex Wang <awang@mit.edu>]

The media scrutiny is certainly annoying for anyone, especially with
the current state of sports "journalism". But the whole concept of
being traded only exists because of long-term contracts; the tradeoff
is that you get a guaranteed contract where you get paid regardless of
your future performance. 

The situation you mention with the broker does happen, where a firm 
has limited resources and different needs. But in real life, you get 
fired instead of traded. Or where the firm decides to move the employee;
if he refuses, he gets fired. I don't really feel sorry for the pro
basketball player in this regard. I'm not sure what kind of sympathy
they're trying to get when they talk about how horrible it is that
they are headed to Canada, because they'll only make $5M instead of 
$5.5M after taxes.

Alex

> Does it ever occur to you as you sit in your office/ workplace each day
> what it would be like to have the media comment on your every move and/or
> that your boss could come in any day and tell you that you've been traded
> to another company?
> 
> "Oh, I can't believe he ran the meeting that way. There are so many better
> ways to run meetings. I wonder if he practices in his off-time at home? You
> know, gather the wife and kids around the table and PRACTICE!"
> 
> "Bob, we think you're a wonderful broker, full of promise. It's just that
> we need a guy who deals in foreign markets and you don't. You been a
> dedicated worker for Morgan Stanley, but we're trading you like common
> stock to Shearson Lehman for one of their current foreign analysts and an
> MIT summer intern."
> 
> Imagine.
> 
> I know, I know, I know....they get paid a lot of dough to put up with it,
> but they are still human.
> 
> Just imagine.
> 
> Theresa
>