Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Raymond Duray who wrote (27070)	1/7/2003 10:47:25 PM
From: portage	Read Replies (1) of 74559

Expensing stock options and making Boards of Directors independent of the top executives are the most important needed structural reforms. If they stop giving so many shares to the executives and employees, maybe the Boards could represent the real owners. Use the options sparingly as an earned bonus, not as a Ponzi windfall. Then stop the thieves' in the white house's next move to drain a portion of J6Ps social security contributions into the coffers of Wall Street's commission hungry swindlers. Another 50% drop waiting to happen, after that bubble bursts. Bring back the threat of lawsuits for securities fraud too, and make hard jail time a likelihood for the white collar bamboozelers. And why not reinstate Glass-Steagall while we're at it. Whoa ! Just woke up and noticed shrub's still playing at being president. Guess that was just a dream. Meanwhile, I heard about Trent Lott's edict that no lobbyists were allowed in his office if they had contributed anything at all to opposition parties. As he said, that's just the way your government "does business".

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