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October 10, 2011

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I couldn't agree with you more, Haglund. The night after night of empty seats was really depressing... and disturbing. I truly hope that the company does not get "sucked down the sewer," as you say. But it happened to NYC Opera... and it could very well happen to NYCB, too. Peter Martins and the rest of NYCB management cannot afford to be complacent, especially in these trying times. Do you think there is anything the board can do to rectify the situation... before it's too late?? Could they oust the executive director?

There is a lot the NYCB board could do. They could and should immediately unload their half million dollar executive director in such a manner that she would forfeit any hefty severance package. The top 10 salaries should be slashed by at least 50% with the business side employees forced into a pay-for-performance model that includes compensation based on the increase in paying-butts in the seats and new donors. If they want to leave, let them. It would take two nanoseconds to replace them.

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