WHO IS GREEDY?
Our Sonera US team gave our Nordic partners our best efforts and great results. We gave them gains exceeding $1.5 billion dollars. Our Nordic partners seized our 3% share of those gains. Finland and Sweden approved those seizures.
Our Sonera US team added great value. We made the difference between success and failure. We carved out a place for Sonera in the consolidation of four United States wireless companies into T-Mobile USA. We captured US investments at prices that created gains of more than $1.5 billion (EUR 1.1 and SEK 11.2 billion as of April 30, 2010). The promise of incentive compensation encouraged us to work smart, hard, and fast. We earned incentive compensation equal to 3% of those gains.
Sonera seized our earnings. Sweden and Finland refuse to protect our earnings. Nordic politicians are not satisfied with 97% of a great result. They want 100%. They give no value to our accomplishments. They seek to impose Nordic delays, compensation practices and limits on US citizens working in the United States. They ignore treaties and agreements. They reject expert advice. They set aside honesty and fairness. They protect Nordic teams. They give Nordic teams US-style stock based incentive schemes. They discriminate against our US team. They claim the right to seize our earnings by forcing us into a worthless Nordic incentive scheme. They claim all of the benefits of our team’s smart hard work. They refuse to engage with us and work toward a solution that protects all stakeholders’ interests.
Who is Greedy? The Sonera US team that created great value or Nordic leaders who want 100% of that value?
If you think Nordic leaders are not trustworthy, fire them. Stop buying goods from Sweden and Finland.
STAY TUNED–MORE NEXT WEEK
Nordic Ethics, www.nordicethics.com May 17, 2010
