Comments on: Vonage CEO racks up Gulfstream miles… http://www.footnoted.org/my-big-fat-deal/vonage-ceo-racks-up-gulfstream-miles/ Michelle Leder's guide to what's hiding in SEC filings Tue, 16 Mar 2010 22:19:36 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Bill Sorenson http://www.footnoted.org/my-big-fat-deal/vonage-ceo-racks-up-gulfstream-miles/comment-page-1/#comment-11761 Bill Sorenson Sat, 20 Feb 2010 01:24:43 +0000 http://www.footnoted.org/?p=4376#comment-11761 Vonage shareholders pay more than $20,000 per week (yes, JR, gross up) for Lefar to fly RT to a shell office in Atlanta. I believe one of those "employees" has medium length blonde hair. Lefar makes millions per year, more than the company itself in profits. His car is paid for by Vonage shareholders. His apartment is paid for by Vonage, as are those of some "employees," and maids, expenses, meals, bonuses...All from shareholders of a company that's getting killed by Skype and Google and bleeding customers. Rape is the correct term here. Vonage shareholders pay more than $20,000 per week (yes, JR, gross up) for Lefar to fly RT to a shell office in Atlanta. I believe one of those “employees” has medium length blonde hair. Lefar makes millions per year, more than the company itself in profits. His car is paid for by Vonage shareholders. His apartment is paid for by Vonage, as are those of some “employees,” and maids, expenses, meals, bonuses…All from shareholders of a company that’s getting killed by Skype and Google and bleeding customers. Rape is the correct term here.

]]> By: Michael http://www.footnoted.org/my-big-fat-deal/vonage-ceo-racks-up-gulfstream-miles/comment-page-1/#comment-11558 Michael Wed, 10 Feb 2010 01:19:57 +0000 http://www.footnoted.org/?p=4376#comment-11558 Mr. Lefar does not fly in a G-V from and to Atlanta every week. He flys in a Hawker Beech Jet 400 with other employees and seldom by himself. He has never got onto a G-V from Atlanta since I have been working at the airport for which he departs and arrives to at the end of each week. He drives a 5 year old MB400 Seadan. I valet his car and make sure his bag is on board the BeechJet 400. Once in awhile he brings a box of Dunkin's for the line crew as well as the counter CSR's. He is a nice guy and his own staff declares the same. I work at the FBO for which he uses at PDK for his flights to Belmar, N.J. That's what I dislike about most media, they don't do their research and homework and everyone who is not in the know take this information as gospel. Sad state of affairs for this country. Go to Raytheon Beechcraft and see the specifications of a BeechJet 400. Then go to Gulfstream and see the specifications of the G_V. It is like a Yugo compared to full coach motorhome. You can't even stand up in the plane. A G-V is a $10K+ per hour flight time and a BJet is a$2K+ per hour flight time. Mr. Lefar does not fly in a G-V from and to Atlanta every week. He flys in a Hawker Beech Jet 400 with other employees and seldom by himself. He has never got onto a G-V from Atlanta since I have been working at the airport for which he departs and arrives to at the end of each week. He drives a 5 year old MB400 Seadan. I valet his car and make sure his bag is on board the BeechJet 400. Once in awhile he brings a box of Dunkin’s for the line crew as well as the counter CSR’s. He is a nice guy and his own staff declares the same. I work at the FBO for which he uses at PDK for his flights to Belmar, N.J. That’s what I dislike about most media, they don’t do their research and homework and everyone who is not in the know take this information as gospel. Sad state of affairs for this country. Go to Raytheon Beechcraft and see the specifications of a BeechJet 400. Then go to Gulfstream and see the specifications of the G_V. It is like a Yugo compared to full coach motorhome. You can’t even stand up in the plane. A G-V is a $10K+ per hour flight time and a BJet is a$2K+ per hour flight time.

]]> By: donald http://www.footnoted.org/my-big-fat-deal/vonage-ceo-racks-up-gulfstream-miles/comment-page-1/#comment-10229 donald Tue, 17 Nov 2009 14:33:26 +0000 http://www.footnoted.org/?p=4376#comment-10229 Lefar would succeed well in Congress with his experience in raping the public! Not all BOD's are evil! All BOD's should be made up of volunteers. I think this information should make headlines. I would not use Vonage for this idiocy alone! Enough of this nonsense, just get a MagicJack! Whatever, I'll stick to my landline and continue to be raped by ATT and their ilk!!! Can't win for losing!!! Lefar would succeed well in Congress with his experience in raping the public! Not all BOD’s are evil! All BOD’s should be made up of volunteers. I think this information should make headlines. I would not use Vonage for this idiocy alone! Enough of this nonsense, just get a MagicJack! Whatever, I’ll stick to my landline and continue to be raped by ATT and their ilk!!! Can’t win for losing!!!

]]> By: eh http://www.footnoted.org/my-big-fat-deal/vonage-ceo-racks-up-gulfstream-miles/comment-page-1/#comment-10118 eh Thu, 12 Nov 2009 11:15:55 +0000 http://www.footnoted.org/?p=4376#comment-10118 What can only be called the strident irresponsibility of most BODs these days is amazing. But they also are often riding the same gravy train. Choo choo. Diffuse stockholders have no power -- it is virtually impossible for them to organize. But wait! That's what BODs are for. Ahem, see first point. What can only be called the strident irresponsibility of most BODs these days is amazing. But they also are often riding the same gravy train. Choo choo. Diffuse stockholders have no power — it is virtually impossible for them to organize. But wait! That’s what BODs are for. Ahem, see first point.

]]> By: jr http://www.footnoted.org/my-big-fat-deal/vonage-ceo-racks-up-gulfstream-miles/comment-page-1/#comment-10097 jr Wed, 11 Nov 2009 03:20:29 +0000 http://www.footnoted.org/?p=4376#comment-10097 actually 12k per week would not cover a Gulfstream V, or really even come close. Charter rates are 6-7k per hour, 2hr trip to ATL. Plane either dead heads back up and then down on Sun, or you put the crew up for the weekend which cost another k. What are the personal tax consequences of the reimbursement of an expense you did not pay? Expect to see financial planning and tax advice added to package, plus the obigatory gross up. actually 12k per week would not cover a Gulfstream V, or really even come close. Charter rates are 6-7k per hour, 2hr trip to ATL. Plane either dead heads back up and then down on Sun, or you put the crew up for the weekend which cost another k.

What are the personal tax consequences of the reimbursement of an expense you did not pay? Expect to see financial planning and tax advice added to package, plus the obigatory gross up.

]]> By: Joey http://www.footnoted.org/my-big-fat-deal/vonage-ceo-racks-up-gulfstream-miles/comment-page-1/#comment-10094 Joey Tue, 10 Nov 2009 21:07:25 +0000 http://www.footnoted.org/?p=4376#comment-10094 I am *so* getting myself cloned so I can claim this perk at my company, too... I am *so* getting myself cloned so I can claim this perk at my company, too…

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