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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (25073)	10/20/2006 8:08:31 AM
From: John Carragher	Respond to of 78748

don't forget all the perks.. company jets,, flying first class, staying at top hotels, eating at most expensive places, season tickets to all kinds of events that are written off for customer entertainment and mostly end up going to employees , officers own enjoyment. then look at condo rentals, hotels blanket room leases, summer cottages, winters cottages. all for customer enjoyment and written off as expense to do business however many officers, their families etc seem to have more access to these than customers. of cottages are also supplied with top shelf booze, food, and sometimes labor. next you have the memberships in golf clubs, boating clubs, corporate owned boats. fleet of limo's , drivers, is all this really necessary? on top of that you give them an executive benefit package that other employees do not get, security for home, perhaps completely paid medical benefits, maybe attractive mortgage rates for housing. etc.