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posted to rec.boats.cruising
DSK
 
Posts: n/a
Default Insurance early warning?

Frankly, most publicly held corporations hand over far more
money to their Board of Directors and particularly to the
few selected company officers than they do to their
stockholders.



Dave wrote:
Fees paid to board members in that capacity are pretty small in light of the
liabilities they undertake and the time many spend.


Bull****.

WTF can any one person do that's worth 200 million dollars?
Especially when the shareholders are losing money and the
employees are losing their jobs? And many officers at the
big corps would sneer at this as lunch money. Not even
enough to buy a Senator.

The publicly held corporation is one of the truest forms of
democracy, but it has been widely abused. As more and more
people come to realize that their retirement plans are built
on quicksand, this will probably become a blazing political
issue... and rightly so.

DSK