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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Constant Reader who wrote (127853)	7/27/2005 9:18:06 AM
From: John Carragher	Respond to of 793838

too many ceo's spend money like it is not theirs.. i assume they are cheap with their own bucks but spend quite freely with company funds. do they really need these private jets? first class travel, top rooms in hotels.. limo's i remember just the thought of a ceo coming to an area was what kind of room or rooms does he demand, flowers, booze, refreshments, picking them up at private plane, who would be there to greet him, topics, plan of travel to hotel or meeting. do not go by the way of abad area , take the most pleasant drive. If he took his wife on trip.. then it was a whole new ball game. what she demanded in her hotel room, flowers, candy, even pictures on the wall. then events if she wished to do something during her husbands visit. Again who can go with her that will carry on discussions of only her interest. etc. What a waste of shareholders money.

To: Constant Reader who wrote (127853)	7/27/2005 10:25:13 AM
From: LindyBill	Read Replies (2) \| Respond to of 793838

As a lowly shareholder, I am appalled by the sweetheart deals cooked up in far too many boardrooms that pay out excessive rewards for what too often proves to be complete incompetence. It looks bad from the outside, but I don't want Government regulating compensation. If these boards felt they could get the best CEO for less, they would. A lot of it is too make room in the compensation structure for his top people under the CEO. If they put him too low, they can't pay what they need to pay to get good upper managment. It's all competitive.