Board and Executive Compensation in S&P 500 [View article]
Jackooo...you are exactly correct. The companies send out proxies, etc., as a "feel good" exercise, not something that will result in any change of directors, management, etc. The mutual funds are not doing their jobs when they simply go along to get along with extreme compensation packages being set up by compensation committees. Any time a compny is losing money badly, but gives top executives major pay raises, something is wrong inside the management of the companies.
Cramer pushes the major companies mostly, and recommends them only after they make strong moves up. Seems he is about 35% correct over longer time periods. Should we base our stocks on this...??
Board and Executive Compensation in S&P 500 [View article]
Bye Bye Bear - Cramer's Mad Money (7/30/08) [View article]