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?


Dave wrote:
Is there a company that pays directors' fees of $200 million?

Ah well, "fees" is something different, so that's all right
isn't it? Did I start out by referring *only* to "fees?"


.... Directors' fees generally run in the range of $1,000 to
$2,500 per meeting for 12 meetings per year. No pay at all for meeting
preparation and one on one discussions with the CEO and CFO.


Aww, poor babies.

When CEOs pocket hundreds of millions for directly violating
a vote of the shareholders, and damaging the company
besides, then what incentive could they possibly have to
make any positive contribution, much less millions worth?
The incentive is to kiss butt until you get into a position
start grabbing the loot, then twist arms to maximize your
take. And that's exactly what is happening to the U.S. economy.

DSK