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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: John Koligman who wrote (18765)	8/11/2010 6:46:27 PM
From: i-node	Read Replies (1) \| Respond to of 42652

That's a LOL for me! How many times have we read about boards being in bed with the CEO? I suppose this happens, however, shareholders can vote the BOD out if they don't like it. PS - As for shareholders, companies are fighting tooth and nail against the current proposal before the SEC to expand shareholder voting rights. Shareholders know (or have had every opportunity to know, short of having someone read them their rights), on the day they purchase their shares, precisely what their voting rights are. And voting rights are reasonably consistent across publicly held American corporations. If you want to have a say in how a particular company is run, you must own the shares on the date of record. If you don't feel shareholders have enough control, then you shouldn't become one. It is really that simple. As a non-shareholder you have no right, whatsoever, to complain about CEO pay, nor SHOULD you have. It is none of your business unless you have some standing with respect to the corporation. And I don't think you can articulate any sensible reason non-shareholders ought to have any say. This is not a difficult concept to understand.