Posts Tagged ‘larry ellison’

Here’s How Larry Ellison Runs His Hawaiian Airline: $4000 Bonuses Paid to Pilots at “Island Air” Being Recalled

Tuesday, November 25th, 2014

Why would you give people a bonus right before the holidays and then take it back right before the holidays?

And then you plan on giving the money back* again next year, maybe?

What a mess!

Hey, here’s a solution for LE.

Why not just sell your POS Toyota LFA and then use the proceeds to fund the bonuses?

Oh, here it is, parked on Van Ness in front of the House of Prime Rib:

IMG_0822-copy

That would cover it.

(Now, here’s the thing about the LFA. The suits at Toyota felt the program was taking waaaay too long, which it was, so they said, “Forget about the tranny, just finish that car!” So they slapped in a slushbox** and called it a day. That “awful” transmission totally doesn’t match the rest of the car. Oh well! But don’t take my word for it… ["One big giant squirrel." "Awful transmission."]

Anyway, this is the kind of thing what makes up your Legacy, Larry.

Don’t you care about your Legacy, Larry?

Or, if not, do you care about unnecessarily pissing off all your pilots? 

*These bonuses weren’t exactly Christmas Bonuses, they were WE’RE FINALLY GETTING NEW AIRPLANES Bonuses. So I guess the Island Air people weren’t happy with the Airbussy prop planes they bought, so now they want to switch over to the Canadian competition? And then there was some kind of bonus for the pilots connected to that. Which planes would be best? Well, you just don’t know. You’ll never know, actually. Perhaps Island Air just doesn’t make sense as a bidness? I’ll tell you, back in the 1990′s people’d be trying to start up inter-island airlines just for the PR value, just to have fun. The idea would be to lose money on the airline (ooh look, we have all-jet aircraft!) to build up goodwill to use for another purpose. It didn’t work out..)

**Look at all those words in Wikipedia about the chassis and engine and then there’s just one line about the awful transmission…

America’s Cup 2014, Spreckles Lake – But Without the Death and Destruction and Cheating and the Eight-Figure Expense

Monday, July 7th, 2014

San Francisco hosting the America’s Cup  in 2013 was a giant failure.

Repito: La Copa América Fue Un Fracaso Gigante.

San Francisco hosting the Summer Olympics in 2024 (if it happens, which isn’t at all likely), will, similarly, be a giant failure.

It’s Ask a Stupid Question Time: “How Did Oracle Team USA Win the America’s Cup – Twice?”

Wednesday, April 2nd, 2014

Here we go:

How Did Oracle Team USA Win the America’s Cup – Twice?

Well, I suppose this is a fair question.

AC33: You see, the America’s Cup isn’t really a sport. The defenders have an 85% victory rate because they make a lot of the rules. Despite this, the Larry Ellison BMW team won AC33 as the challenger because it had a new-school wing-sail and the defender had regular old sails. It was a stupid event that was won in courtrooms.

AC34: You see, the America’s Cup isn’t really a sport. The defenders have an 85% victory rate because they make a lot of the rules.

Now I have a question – is Julian Guthrie an objective reporter on the topic of Larry Ellison? (The answer is HELL NO.)

Oh, here’s another. Why did Larry Ellison pick her to tell his stories to? Mmmm.

And what’s funny is that she’s kind of his spokesmodel. So like Larry will tell her that death of Andrew Simpson was a “freak accident” and then that’s the same phrase she’ll use on a call-in radio show, like IDK, Forum with Michael Krasney. And she didn’t say “Larry says it was a freak accident,” you know, the way a journalist might. No no, she was expressing her own opinion, rather emphatically, for whatever reason. Oh well. And then months later, Larry hisself says something on the topic for the first time in public. He was all, “It was a freak accident.” OK fine.

So Larry Ellison wants to hold the next go-around in Hawaii? Well that’s fine, I don’t think anybody would object to that. But it would be nice if Deadbeat Larry could pay for the prior event. The latest estimate is $11,000,000 or so.

Oh, what else, oh, former Supervisor Michela Alioto Pier once told a small crowd that the reason that God didn’t allow SF to host a particular Summer Olympics was because He, and I’m srsly, wanted us to host the 34th America’s Cup and, you know, we couldn’t practically host both events so, you know, divine intervention. Srsly.

Anyway, the legacy of the America’s Cup is an eight-figure debt that we thought Larry would cover but his people merely just said that they would try really hard to cover, which actually meant they wouldn’t really try at all. Oh, and you embarrassed our very sensitive appointed Mayor – hope you’re happy, Larry, but I don’t think you are.

Now, on with the show:

“Wed, Apr 2 2014 – 6:00pm

Jimmy Spithill, Oracle Team USA Skipper
Norbert Bajurin, Commodore, Golden Gate Yacht Club
Julian Guthrie, Reporter, San Francisco Chronicle; Author, The Billionaire and the Mechanic: How Larry Ellison and a Car Mechanic Teamed Up to Win Sailing’s Greatest Race, The America’s Cup, Twice
Michael Krasny, Host, KQED’s Forum – Moderator

In last summer’s 34th America’s Cup, San Francisco’s home team, Oracle USA, was down eight-to-one when it pulled off a comeback for the ages, with eight straight wins against Emirates Team New Zealand. The victorious skipper, Jimmy Spithill, was at the helm supported by his team and the unlikely partnership of Golden Gate Yacht Club’s Commodore Norbert Bajurin and Larry Ellison, co-founder and billionaire CEO of Oracle Corporation. They’ll talk about the danger and drama of sailing these ultra-fast, aerodynamically designed 72-foot catamarans. Guthrie is the author of The Billionaire and the Mechanic, which tells the incredible story of how a car mechanic and one of the world’s richest men teamed up to win the world’s greatest race – twice!

Come have your photo taken with the America’s Cup trophy! Affectionately known as the “Auld Mug,” The America’s Cup is the oldest international sporting trophy, and it’s coming to the Club as well!

Location: SF Club Office
Time: 5:15 p.m. check-in and premium reception, 6 p.m. program, 7 p.m. book signing
Cost: $20 non-members, $12 members, $7 for students (with valid ID); Premium: $40 non-members, $30 members

 

The Legacy of the America’s Cup: This Mural Next to City Hall, That’s Pretty Much It

Wednesday, March 12th, 2014

Click to expand

The “Bay Area Council Economic Institute” Denies Failure re: the America’s Cup – The BACEI Shouldn’t be Trusted

Tuesday, December 10th, 2013

A few notes here. The “thrilling comeback by Oracle Team USA” was tainted by the cheating scandals involving …Oracle Team USA, wasn’t it? The so-called “economic impact” is about 96% lower than the highest number initially given by … the BACEI. The 3,800 “jobs” referred to are in fact … merely job-years, so, in fact, all the “jobs” “created” are now gone and some of the “jobs” “created” paid less than minimum wage, and some of the workers still haven’t been paid as agreed, and lots of workers came up from SoCal since billionaire Larry Ellison was too cheap to pay Bay Area workers. The America’s Cup “captivated a worldwide audience?” No it did not. And of course the America’s Cup “produced tax revenue” but it also stole tax revenue from San Francisco and net result is a loss to the tune of millions of dollars.

I’ll note that there’s no apology for what everybody now knows was a flawed study from the BACEI in 2010. It’s all spin.

The 2010 report was a big pile of garbage. This after-the-fact press release is a smaller pile, but it’s still garbage.

OTOH, if you want to promote some event in the bay area and you need some wildly optimistic numbers in a report, the BACEI is the corrupt think tank for you.

All the deets:

HOSTING 34TH AMERICA’S CUP GENERATES $550 MILLION IN ECONOMIC ACTIVITY, CREATES MORE THAN 3,800 JOBS

SAN FRANCISCO, CA – The thrilling comeback by Oracle Team USA in the 34th America’s Cup capped an historic event that generated $550 million in economic activity, created more than 3,800 jobs and contributed almost $6.6 million in tax revenue to the City of San Francisco, according to the Bay Area Council Economic Institute.

These figures include a new cruise terminal whose construction was accelerated by the America’s Cup races in San Francisco. In the absence of a new cruise terminal, conservative estimates show that the America’s Cup generated $364 million in economic activity, created almost 2,900 jobs and contributed almost $5.7 million in tax revenue to San Francisco.

The figures also do not include economic activity created throughout the region, local and Bay Area visitor spending, or the benefits associated with gripping media coverage of the high-tech competition that captivated a worldwide audience and showcased the Bay Area as an international tourist destination.

“The $550 million in economic activity generated by the America’s Cup is substantial,” said Sean Randolph, President of the Bay Area Council Economic Institute. “The activity benefitted hundreds of small businesses and other employers in San Francisco and the Bay Area and produced tax revenue that supports a wide range of important city services.”

The economic benefits came from almost $280 million in overall spending by the various teams that competed, the hundreds of thousands of visitors that flocked to the waterfront to watch the most innovative and technologically advanced sailboats in the world and the many events that accompanied the races.

“Hosting the 34th America’s Cup in San Francisco showcased our beautiful City to the world and brought thousands of new jobs, long-overdue legacy waterfront improvements, international visitor spending, and a boost to our regional economy,” said San Francisco Mayor Ed Lee. “Our investment brought in significant revenue to the City and the lessons we learned will help us deliver even better world-class events in the Bay Area in the future.”

The bulk of the tax revenue — almost $3.7 million — came from hotel stays, while payroll-related taxes produced $2 million and tax revenue from parking and retail spending combined reached $2.1 million.

The largest segment of economic benefits — $126.7 million — stemmed from spectators who traveled to San Francisco to watch the competition’s sleek catamarans zip across the bay at speeds approaching 55 miles per hour.

A full Economic Impact Report will be issued before the end of the year.

# # #

About the Bay Area Council Economic Institute
The Bay Area Council Economic Institute is a partnership of business with labor, government, higher education and community leaders that works to support the economic vitality and competitiveness of California and the Bay Area. It produces authoritative analyses on key economic issues in the region and the state, and mobilizes leaders from diverse backgrounds around targeted policy initiatives. A sought-after source of economic perspective, its public-private governance and fact-based approach to economic analysis underpin the Institute’s forward-looking thought leadership (www.bayareaeconomy.org).

Rufus Jeffris | Vice President, Communications | BAYAREA COUNCIL
353 Sacramento Street, 10th Floor | San Francisco, CA 94111
O: 415-946-8725 | M: 415-606-2337 | rjeffris@bayareacouncil.org
www.bayareacouncil.org

New Warriors Arena to be Slightly Lower, Assuming It Gets Built in the First Place – Artist’s Conception

Tuesday, November 12th, 2013

So, unlike the disastrous America’s Cup and 8 Washington campaigns, the Golden State Warriors project is based around stuff that San Franciscans can actually benefit from.

So that’s a good sign.

Remember, the more you complain now, the better this deal gets for San Francisco. You the public are the bad cop and genial SFGov figurehead Ed Lee is the good cop. And of course the good cop won’t be able to get the best deal possible for San Francisco without the bad cop.

If Ed Lee doesn’t like this game, then he can just retire, right? Or go back to his old job the way he promised to in the first place, right?

It’s too bad that Oakland will lose its team.

Oh well.

An America’s Cup Media Mystery: Who is the “Columnist” That Larry Ellison and His Lackeys are So Angry At? Is It CW Nevius?

Tuesday, September 24th, 2013

Here’s Larry Ellison do-boy Stephen Barclay from a few days back:

This sentiment is a far cry from the cynicism several columnists and reporters displayed only a few short weeks ago. Nothing is 100% perfect and everything is open to fair comment. But while the critics were quick to pounce earlier, where are the same columnists and reporters’ opinions now?”

And here’s San Francisco columnist and former #1 America’s Cup cheerleader CW Nevius from earlier on:

The Oracle racing team may have finally done the impossible – not win the America’s Cup in a competition designed to attract a new generation of enthusiasts, but turn people off to sailboat racing.

This week the team was caught cheating.

It’s been well documented that Oracle, the team that can’t sail straight, has turned the America’s Cup into a poorly attended bluegrass festival. We’ve already talked about how the promise of the Cup, majestic boats racing each other over the green waters of the bay, devolved to a single sailboat, “competing” alone, and then holding a press conference to discuss the “victory.”

We’ve supported the races in the Bay Area. The city of San Francisco has poured money and facilities into the extravaganza, and we were promised a global showcase, an international event.

Instead we got Alex Rodriguez - using illegal substances to gain an unfair advantage.”

“The entire Oracle operation is tightly controlled. The idea that a rogue worker sneaked on the boat and placed the performance-enhancing weights in exactly the right place (and on three different boats) without the higher-ups knowing is ridiculous.”

So Im thinking that CW Nevius is among the group of offending journalists what the Larry Ellison worker was complaining about.

Oh, and when the Oracle Team”USA” people (and also “Son of a Legend” Christopher Caen) talk about how “shocked” they were about Oracle getting punished for cheating, it was kind of obvious what was going to happen, so it wasn’t shocking at all. Also from CW:

“Now surely, the international jury isn’t going to throw the defending champion out of the finals. It is much more likely that it will make Oracle forfeit some races.”

And, as expected by Nevius and all others, that’s what happened.

Ah what else, oh, The Nevius has blocked me from his Twitter I’ve discovered, but, just saying, the dude’s name is spelled Barclay, not “Barkley.”

Maybe that’s another reason why he hates your guts, CW.

Now, on with the show…

Larry Ellison Pulled Down by the Spirit of San Francisco – A Ginger Lady Kraken Gets Revenge for Promises Broken

Friday, September 20th, 2013

No no, that’s not a leaden kingpost King Larry Ellison has in his hand. And it’s not a mixing stick to make lead slurry neither. ‘Cause you see, Larry Ellison isn’t being punished by the International Jury for actually telling a group of people to cheat during the 34th America’s Cup and he isn’t being punished for actually lengthening and weighing down kingposts himself. Actually, part of his punishment is for bad management.

So for Larry to tell people about how his cheating scandal is no big deal, well that’s wrong, in’nt?

So Larry, you seem to care ( a lot!) what people think about  you in the  415, so why don’t you pay an event fee for the America’s Cup after the fact?

I mean, you’ve already spent, what. $200,000,000 or so? What’s another 10% more?

Larry, you’re not as good a manager as you think you are. That’s why you’ve spent more money than anybody and yet you’re not succeeding.

Your WIN AT ALL COSTS approach isn’t working Lare-bear.

Just saying

Third-Largest Sporting Event in the World, on a Nice Saturday in the Marina, Just Before the First Race

Thursday, September 19th, 2013

“One million” visitors per day “expected.”

Harsh: “Hitler Reacts to Oracle Team USA’s America’s Cup Loss” – This is How the “FaceBook Generation” Rolls

Thursday, September 12th, 2013

This bit here has elements that are somewhat old and hackneyed, and yet it’s also brand new and it’s also informative: