Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (437990)	12/4/2008 2:41:15 AM
From: tejek	Read Replies (2) \| Respond to of 1573792

Mgmt? Yup. All those golden parachutes, excessive bonuses and GOP dues did a number on those car companies. Read your own post one more time, and it may explain to you why you did not understand Tenchusatsu's post here: Message 25223840; I understood ten's post completely. Are you intentionally mixing things up so you don't have to answer my question.....why are you ignoring mgmt in this car mess? Why the fukk do you not talk about mgmt? Why do you all just want to talk about the unions? You all are serious part of the problem in this country. You're biases make it nearly impossible to come to reasonable solutions. Its impossible to have a constructive and reasoned conversation with you all.....you're ideology is always in the way. I am sick to death of it. Again, why do you give those paled faced, no nothing mgmt types at GM who like to have a martini when they get home at nite a pass in this mess?

To: Joe NYC who wrote (437990)	12/4/2008 2:43:55 AM
From: tejek	Respond to of 1573792

Executive Pay Shareholders and their advocates have increasingly viewed the escalation in executive compensation with concern and sometimes anger. In 2007 and 2008, numerous proxy resolutions were introduced to address the subject. Congress held several hearings on excessive pay and heard calls for action. The burgeoning ire has two roots. For one thing, toward the end of 2006 the Securities and Exchange Commission set tighter rules for corporate proxies requiring more information about the methods used to compile pay packages for top management. But by early 2008, as many proxies came in with a maximum of verbiage masking a minimum of information, some shareholders rebelled. The sinking economy also stoked shareholder discontent -- especially when executive pay rose even as share prices plummeted. It was hard to find a link between pay and performance; indeed, often the opposite was true. A study by Equilar, a compensation research firm, showed that even as the number and value of performance-based bonuses dropped in 2007, the value and prevalence of discretionary bonuses — ones not tied to performance at all — were up. And earned or not, paychecks remain high. The average overall compensation in 2007 for chief executives at 200 large companies that had filed proxies by the following March 28 approached $12 million. — Claudia Deutsch (April 4, 2008) topics.nytimes.com