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Non-Tech : Bid /Ask Spreads - Market Manipulation

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To: Bill Serra who wrote (155)	10/25/1996 3:17:00 PM
From: ----------	of 308

Everything you say is, IMO, true. If indeed ONLY the CEO is getting incented, the plan is most likely doomed to failure. Every stock option/incentive plan I've seen included other officers. Most include other managers and specialized staff. I'm also reminded of Chryslers plan. Over here in Fenton, MO a couple years back, (I do not remember which year off hand), the employees received a couple thousand per person as part of the Chrysler profit-sharing plan. Not just the suits, either. I know one guy who puts wheels on , he got it. I've worked both sides of the fence. I've been a card carrying union laborer, and an officer in a corporation. I can tell you that everyone has a job to do and NOBODY is indispensible. The "typical" incentive plan rewards based on salary/service. This makes them top heavy by default. Is it fair? No. Did my mother EVER tell me life was fair? No, she did not. <g> Regards, Doug

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