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Safe Cruise

Project Safe Cruise Press Release: See www.projectsafecruise.blogspot.com & details below. Leave a message if you have experienced incidents involving poor security & safety practices of cruise lines. Hearings are scheduled; we will provide them to Congress. We must act to insure passenger safety. The current lack of safety & security is not acceptable especially after 9/11. On 5/12/05, we were on the Carnival Destiny near Aruba when an elderly couple disappeared without a trace.

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Location: Michigan, United States

Government could save $50 billion per year by having two shifts of white collar employees work each day. Office space costs $50,000/year for each employee yet we only use space 30% of time. We can no longer afford to have banker's hours for all. With over 2 million federal employees this cost-free paradigm change could avoid lay offs/furloughs and reduce pollution. See new plan at http://whitecollargreenspace.blogspot.com/

Saturday, February 11, 2006

Tumescent Hyperbole: Royal Caribbean Gives Big Bonuses & Orders Largest Cruise Ship

Do they deserve large bonuses when they have not taken any actions to enhance safety and security procedures and prevent future tragedies for passengers and their families?

On February 6, 2006, the Compensation Committee of the RCCL Board of Directors determined the 2005 annual bonus amounts for our "named executive officers" based on the Company’s 2005 results measured against previously established performance goals. The 2005 annual bonus amounts for our named executive officers are as follows: Mr. Richard D. Fain, $2,744,610, Mr. Luis E. Leon, $979,997, Mr. Adam M. Goldstein, $897,356, Mr. Daniel J. Hanrahan, $568,901 and Mr. Brian J. Rice, $548,384.

Click here to view filings with SEC regarding stock options given in February 2006.

No Need to do it better when they can do it BIGGER:
CRUISE junkies can look forward to yet another record-busting megaliner, with Royal Caribbean planning a luxury passenger ship aptly titled Project Genesis. It will be so large it threatens to make the Titanic look like a dinghy. Plans for the new $1.45 billion vessel were announced yesterday, in defiance of an epidemic of disasters that has befallen cruise liners in recent years. (theaustralian.news.com)

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10/01/2007 9:01 PM  

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