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: HPilot who wrote (465233)	3/20/2009 10:19:39 AM
From: michael97123	Read Replies (1) \| Respond to of 1578916

sure they may go under but thats a long shot now that govt is invested in them too. Employees make bets and if retention bonus agreements and golden parachutes cant be used, a new breed and class of employee will be created and whose to say it cant be better than managements that ran these companies into the ground in the first place. Hank Greenberg was on CNBC yesterday. He has a dog in this fight but he stated unequivocably that there were no retention bonuses or even employement contracts for anyone at AIG when he was CEO including himself. Everyone was just an employee and could be fired at will. Whats wrong with that model? It used to be the only one before this wall street crowd and stock price chasing ceos took over in the nineties. It would be nice to get back to basics and build great companies and not use smoke and mirrors to inflate stock prices to increase immediate compensation. Thats why i like stock options for the long haul and not cash bonus or golden parachutes dependent on stock price in one case of lack of stock price in the latter.