Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: ManyMoose who wrote (34773)	7/17/2008 2:01:18 AM
From: RMF	of 224748

I don't know how the whole thing became so skewed. I think it was the 80's when the leveraged buyout guys came in and bought out companies and then "stripped" them for the salvage value. It was all the "Greed is Good" crap that infested the system. CEO's became "guns for hire" rather than company builders. I guess the only thing that could be done about it is to make the tax rules more onerous for all these compensation packages. They could also require more "public disclosure" of the deals these guys get and their relationships with other board members. They could ALSO tighten up on accounting rules so that companies like ENRON couldn't just run outright scams.

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