Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joe NYC who wrote (153292)	10/14/2002 10:11:45 PM
From: Dan3	Read Replies (3) of 1585192

Re: , this evil fifth quintile that you are denouncing Hmmm. I should have written more. The CEO's that are getting millions to billions for showing up at their desk each day (hired hands of us stockholders) -have done a terrible job, while abusing their fiduciary responsibility and paying themselves 100% and more of the earnings of the companies they were hired to operate. They're like clerks in a store that keep all the profits for themselves, leaving the owners with nothing. A separate issue is that too much wealth in too few hands kills off consumption. I tried to make it clear that it's just as bad when the wealth is spread around too evenly (then there's not enough investment). I'm concerned that we've gotten to the point where too much income is in too few hands - which is limiting total demand and resulting in recession and deflation.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next