Global Stock Markets: Fleeing for the Exits [View article]
Normal capitalism calls for rewarding the successful administrators and firing the losers. WE have allowed these failures to be rewarded with either 'more options' or a GOLDEN parachute - which the stockholders pay for. IF these top notch greedy administrators knew in advance, that their 'fast buck' actions would require their repayment of personal $$ gains of all kinds, and being summarily fired, they would give much greater thought to their programs. ALSO, the Board of Directors should be made to relinquish all their BIG payments for not having done there diligence that the job required. Most Boards are made up of Friends of the Chief, who rubberstamp his INCOME requests, and in turn receive very high payments for quietly acquiescing to his grandious programs.
Global Stock Markets: Fleeing for the Exits [View article]
'more options' or a GOLDEN parachute - which the stockholders pay for.
IF these top notch greedy administrators knew in advance, that their 'fast
buck' actions would require their repayment of personal $$ gains of all
kinds, and being summarily fired, they would give much greater thought
to their programs. ALSO, the Board of Directors should be made to relinquish all their BIG payments for not having done there diligence
that the job required. Most Boards are made up of Friends of the Chief,
who rubberstamp his INCOME requests, and in turn receive very high
payments for quietly acquiescing to his grandious programs.