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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (33581)	2/25/2009 10:54:02 AM
From: Madharry	Read Replies (1) of 78735

i dumped my small portion of bac. holding on to wfc. I just find it difficult to own shares in a bank whose ceo made 2 of the worst acquisitions ever. I think the whole issue of executive compensation may finally be addressed by mutual funds pension plans etc. there is no reason why people at the top should be rewarded for anything other than long term performance that benefits shareholders. anything else is ridiculous. The failure of the banks is a failure of regulation and a failure of boards to properly govern and failure of the large owners to have enough say into what is going on.

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