Stewie

Converting TARP's Preferred to Common Stock - Great Idea

Yeah that would be a valid point except managers bonuses are rarely based on profit but instead usually tied to revenue growth. This of course doesn't always mean more profitability. It also the same formula used in many Executive compensation packages.


On Apr 20 12:35 PM skwestorange wrote:

> I think the author's position is based on the fact that corporate
> executives and managers' compensation includes RSUs, options and
> stock awards (not fixed income instruments). Hence they are bound
> to be more inclined to take care of their own interests.
> SK