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2008-03-06 Home Front: Politix
Lawmakers take aim at CEO compensation
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Posted by gorb 2008-03-06 05:02|| || Front Page|| [6 views ]  Top

#1 Zero concern about trust fund babies and the Hampton's group that throw away money on companies that engage in this activity, cause its all in the "family". Of course the concern rightfully is for the investors relegated to large mutual funds who are stuck along for the ride. The mutual fund managers aren't too concerned about the compensation packages per se rather just the bottom line commissions they get. The people who should be hauled before the public officials are the 'raters'. Those businesses and institutions which grant acceptable ratings to companies that engage in nothing more than raiding the corporate assets to line the pockets of their managers and board members. Such entities should see their rating plummet and remain basement level which would cause the investment houses [to preclude existent and precedent laws from biting their asses] to keep their little fingers off of them.
Posted by Procopius2k 2008-03-06 08:35||   2008-03-06 08:35|| Front Page Top

#2 High compensation for CEOs happens because companies choose to pay it.

This is an issue for shareholders, not Congress.
Posted by charger 2008-03-06 11:15||   2008-03-06 11:15|| Front Page Top

#3 I want them to investigate Hollywood. Why does the star of a movie get $5,000,000, while the gaffer and best boy only get a few thousand?
There's a congressional investigation I would support.
Posted by Rambler in California">Rambler in California  2008-03-06 11:45||   2008-03-06 11:45|| Front Page Top

#4 I have a CPAP (sleep apnea) machine with nasal pillows, and I'm constantly fretting I'll someday look like Waxman. Better to die in my sleep, I think
Posted by Frank G">Frank G  2008-03-06 18:22||   2008-03-06 18:22|| Front Page Top

#5  IANAL, but I have been a shareholder of some publicly-held corporations. I have no voice in their governance other than selling my shares (which I did). Many corporations run independently of shareholder input nowadays. In many cases shareholders receive no dividends but CEO's and select corporate employees receive huge bonuses regardless of their own or corporate performance. This is corruption. Shareholder lawsuits are the only other means of redress in situations like these. In recent years the government has severely restricted shareholder access to the legal system.
State & federal governments have created corporations, and court decisions have refined the rules which corporations must live by. Over the years the electorate has had little or no say in the birth of these fictitious persons. Corporations do not have human rights, except as granted by the government. This is one way to distinguish them from real people. (One advantage corporations have over the rest of us is immortality.) When corporate abuse, misallocation & destruction of resources cause enough damage to real citizens, corporate operations, and even corporate existence, can be modified, if not by lawsuits, then by the legislative process, the same process that brought corporations into existence.
Posted by Anguper Hupomosing9418 2008-03-06 19:55||   2008-03-06 19:55|| Front Page Top

#6 Use a mask, Frank, like a real pirate pilot.
Posted by Steve Canyon 2008-03-06 20:04||   2008-03-06 20:04|| Front Page Top

#7 agreed, but the masks tend to f*ck with my most excellent moustache
Posted by Frank G">Frank G  2008-03-06 20:34||   2008-03-06 20:34|| Front Page Top

#8 When did Lenin trim the goatee?
Posted by tu3031 2008-03-06 21:15||   2008-03-06 21:15|| Front Page Top

#9 Your stache will end up being as excellent as Waxman's when your nostrils look like his, too.

How do you lie the pillows?
Posted by Nimble Spemble 2008-03-06 21:16||   2008-03-06 21:16|| Front Page Top

#10 better than the mask (which I had for a year), but then I have the newest bestest pillows thang. I like it.... despite my fears. My BP's dropped dramatically with both. Those of youse with sleeping/snoring issues need to look into the CPAP cure - CHANGED my life, no sh*t
Posted by Frank G">Frank G  2008-03-06 21:49||   2008-03-06 21:49|| Front Page Top

#11 I don't wanna get on the soapbox too much, but RB prolly has its' share of older guys/wymyns with apnea issues. Fix it! It's not that hard and it makes a life-changing for the better turn in your energy, work ability, everything. K?
Posted by Frank G">Frank G  2008-03-06 21:52||   2008-03-06 21:52|| Front Page Top

23:56 JosephMendiola
23:47 gorb
23:46 McZoid
23:45 JosephMendiola
23:43 JosephMendiola
23:42 McZoid
23:38 McZoid
23:34 McZoid
23:32 Redneck Jim
22:54 Redneck Jim
22:30 Abdominal Snowman
22:26 Senior Proconsul Sock Puppet
22:22 Senior Proconsul Sock Puppet
22:20 Senior Proconsul Sock Puppet
22:14 JosephMendiola
22:08 marc
22:08 JosephMendiola
22:07 KBK
22:02 tu3031
21:56 KBK
21:52 Frank G
21:49 Frank G
21:49 JosephMendiola
21:45 Frank G









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