Comments on: Shareholder Say on Fat Cat Pay

By: Bob Hickerson

Bob Hickerson — Fri, 29 May 2009 02:09:18 +0000

Emac,
With AFSCME and Schumer behind shareholder say on executive pay, who needs opposition. Schumer is one of the biggest hypocrites in this. He accepted campaign donations from Citi and other financial institutions since he started as a professional politician and needs them to survive.
AFSCME is more interested in causing chaos in the corporate world. If capitalism is hindered by their mischief, they can use their influence in northern state legislatuers to hamper capitalism even further.
“How now? a rat? dead as a ducat”
Hamlet Act III, 4
BobH

By: Katie

Katie — Thu, 28 May 2009 18:49:01 +0000

I currently hold McDonald’s stock. Wonder how their board views a ’say-on-pay’ proposal? I don’t suppose I’ll find out until the 2010 annual meeting (if someone’s put it on the ballot).

By: Ralph Short

Ralph Short — Thu, 28 May 2009 02:00:06 +0000

If Schumer is really interested in “shareholder say” then I propose the government take it’s 70% share in GM, translate it into stock shares and give them to all those people who filed their taxes in 2008. It eliminates the middle man and gives us the taxpayers a definite say in the future of the company. I dare say we could do a better job than the cadre of lawyers and politicos that surround Obama, who after all, is just another lawyer and politico.

After all, it is the taxpayer who is financing this bailout of the co. and just as obviously the UAW.

By: earle

earle — Thu, 28 May 2009 01:13:38 +0000

There’s a very simple solution to executive compensation that’s gotten crazy (out of whack) in the last twenty years? Simply put, invest your hard earned money in a company that is rational,wise and fair, regarding transparency of compensation. DRIP’s (Dividend Reivestment Program’s) are a good place to start. Thanks E’Mac

By: mary

mary — Wed, 27 May 2009 21:23:50 +0000

Toxic Mortgages
Desperately in need of a great attorney to sue a mortgage company for 10,000,000. Yep, Ten Million.
Easy to win.
Extortion, Manipulation, Threats, Bulling, Cooking the books, Creating Toxic Mortgages. This has been on going for over two years. I wonder if they can be arrested for illegal activities?
Accounts Receivable does not do as the executives say.
Executive says post payment in correct amount, but forgets to tell Accounts Receivable.
Accounts Receivable says, “ How do we know if you forget to tell us.”.
Executives say, “Forget it, we can write a letter saying customer owes us extra payments that they do not owe. What is the big deal? We can make millions by forcing our customers to make one or two extra payment”. We can make 100,000,000. One hundred million plus. We will all get bonuses. (100,000. customers X $1,000. extra payment.= 100,000,000.)
They sit and gloat: Customer can do nothing.
The mortgage company knows by now, that the customers have been drained physically, emotionally and financially.