DSK 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?



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


Those CEOs are the ones who should be treated as traitors. In the long
term, they are as much a dander to the US & Canadian economies as any
terrorist.

Don White wrote:
*correction*

Those CEOs are the ones who should be treated as traitors. In the long
term, they are as much a *danger* to the US & Canadian economies as any
terrorist.