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

To: Madharry who wrote (33924)	3/24/2009 2:50:03 AM
From: Spekulatius	Read Replies (1) \| Respond to of 78748

Madharry - the government could really help shareholder just by enforcing mandatory rules like: a) Shareholder votes on compensation packages b) separation of CEO and Chairman c) independent BOD This would not cost the government anything and maybe it would prevent embarassing events like the Aig in the future and may curb compensation excess without any new laws. Also Sarbanes-Oxley can get executives that sign an obviously misleading financial statement into jail. that should provide ample opportunity to put some head on sticks - we had Kozlowski's shower curtain and Enron trials in Y2002. Where is Thains 1M$ office renovation and bonus trial? Ohh well, in a way Thain is my hero, he sold the Merril Lynch Titanic after it hit the iceberg and was loopsiding, so maybe he was worth his money.