View Single Post
  #61   Report Post  
posted to rec.boats
Canuck57[_6_] Canuck57[_6_] is offline
external usenet poster
 
First recorded activity by BoatBanter: Dec 2008
Posts: 276
Default Bridge loan to nowhere..


"Don White" wrote in message
...

"Boater" wrote in message
...
Tom Francis - SWSports wrote:
http://online.wsj.com/article/SB1228...s_opinion_main

Bankrupt them, downsize them, get rid of the onerous contracts and
merge Chrysler with Ford.

No bail out.


Wall street brokerage house and bankers...

Bankrupt them, downsize them, get rid of all management, and then blow up
their buildings.

No golden parachutes.

Oh...and in all publicly traded corporations, no executive earnings to
exceed 10 times the earnings of the average employee.


I'd vote for that. I can't believe the compensation some of those CEOs
get while the companies they run are into the dirt.


If a company had a decent board of directors it would already have such
policies. But I too always vote for it when I see it. One other thing I
like is locked in performance bonuses that mature years later and they can't
sell. I do watch insider trading.

Problem is, the board of directors are often an "old boys" butt kiss club in
many cases. So one hand payolas the others in non-obvious relationships. I
always research the board and CEO history before buying a stock.