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: J_F_Shepard who wrote (9276)	12/22/2006 8:09:06 PM
From: longnshort	of 224749

Special Hypocrisy Section "Greed was on display throughout 2005 as throngs of executives pocketed pay that was even greater than the previous year's. To hear them talk, they deserved the amounts because -- are you sitting down? -- they enhanced shareholder value. Never mind that many of their companies' stocks ended the year lower than where they began it." -- Economics reporter/columnist Gretchen Morgenson, January 1. vs. "A year ago -- on Jan. 3, 2005 -- Times stock closed at 47.2. On Jan. 3, 2006, the stock was trading at a day's low of 26.16….the real surprise to staffers was, instead, the generous holiday handouts on the paper's 14th floor. In addition to [Times chief executive Janet] Robinson's 74,000 shares of free Class A stock, publisher Arthur Sulzberger Jr. received 30,000 shares, worth a bit less than $800,000, plus stock options worth about $4.1 million." -- From the January 16 edition of the New York Observer.

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