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Good
people make good Nabors — October 27, 2002 - Petroleum News Alaska
Jim
Denney's Pension Plans worth more than $1,482,946.00
Decertify?
Read This!
Dept.
of Labor Letter 7/5/02
News
Release 8/14/02
Union
Letter 8/20/02
Dept
of Labor Letter 8/23/02
Mercedes
Benz registered to Nabors wrecked.
Alaska Oil Rig Workers Take Their Story to Congress After Employer Spends
7 Years Trying to Crush Efforts to Improve Safety, Pay - Same Company
Draws Attention for Allegedly Underreporting Injuries, Creating Paper Offshore
Headquarters To Avoid Paying Taxes more....
AN OPEN LETTER TO ALL NABORS ROUGHNECKS from Mike
Mason Read
Letter
The judge found that Nabors Drilling violated Section
8(a)(1) and (3) of the Act by discharging Ronald Mike Pearson, Steve Couture,
and Frank Anderson for union or protected activity. TEXT
Were Nabors workers, the ones who produce the goods that make everything
possible, also compensated for their hard work? Did they get raises,
better benefits, rewards equitable to that paid to Mr. Isenberg?The judge
found, that Nabors Drilling denied nonemployee union organizers access
to remote camps during the preelection period, and made certain anti-union
comments to employees including the statement that it could find out how
employees voted during the NLRB-run election. The judge recommended that
the Nov. 1995 election, which the union lost, be set aside and a new election
held. TEXT
Eugene M. Isenberg. chairman and CEO of Nabors Industries earned $63.9
million last year. Isenberg's compensation comes strictly through the performance
of the company, said Denny Smith, director of corporate development for
Nabors Industries. The only way Isenberg can make money is if the value
of the company's stock grows through his efforts. Under Isenberg's leadership,
the company's net worth is now $2 billion, said Smith. And Nabors' stock
price doubled during 2000.
Read entire article: HoustonChronicle
Were Nabors workers, the ones who produce the goods that make everything
possible, also compensated for their hard work? Did they get raises,
better benefits, rewards equitable to that paid to Mr. Isenberg?
The average roughneck would have to work 965 years to equal what Isenberg
made in one year.
Isenberg's salary alone could have paid for:
Pension plans for 60,338 workers
Or health care coverage for 33,522 workers
Were Nabors workers, the ones who produce the goods that make everything
possible, also compensated for their hard work? Did they get raises,
better benefits, rewards equitable to that paid to Mr. Isenberg?
Tourists aren’t the only ones longing for the
tropical shores of Bermuda and the Cayman
Islands. Seeing an opportunity to slash the taxes they pay
on foreign-earned revenue, global companies including Nabors Industries
are seeking to reincorporate from a U.S. legal home to a foreign one. Read
SEC filing
Is it fair for U.S. companies to move their headquarters
offshore to save money? Is it unpatriotic? Somebody's got to pay for this
growing U.S. war on terrorism. Somebody's got to help cover the growing
shortfall in the federal budget. If more companies head offshore,
guess who's going to be stuck with the bills? Read
More