When are we going to start picking on greedy CEO's?????

[Hotler]

Poor performance, and scandal after scandal, pension fund rip offs and theses bastards keep getting huge bonuses.

[rucky]

1. when the "investor class" divests

there's already some articles about investing in "honest companies" - I have a feeling the next corporate trend will be a little leaner at the top. How quickly that cycles in depends on the bottom line. These businesses need to feel the heat.

a couple things we as consumers can do is reward good companies - shop at Costco & buy Colgate, for example.

[Union Thug]

2. AHA! You've hit on one of my issues...

YOu are so dead on. These bastards should be be held accountable... Now, I oppose the death penalty, but since we've got it in place, we may as well put it to good use. Maggots like Ken Lay and his cronies have destroyed the lives of countless people. To me, that's a serious offense that should be subject to the same penalties as rape or murder.

One of my father's friends, an enron employee who, only a year or two from retirement, lost everything. He committed suicide. Every corrupt mofo that had a hand in the pie should be facing at least life in prison. Call me a hypocrite, but I would love to hear the sound of a corrupt CEO crackling in the electric chair. Burn baby burn...

[Deja Q]

4. It's worse than murder...

Death can be preferable to certain conditions in a 'living' state.

Indeed, Lay CAUSED the death of your father's friend. THAT is murder, pure and simple. It was not a suicide, don't even think of it as such.

Lay, et al, should be put to death because of what they did to those countless people. There is no excuse.

[mulethree]

16. two sides

Firstly don't let the fact that Enron is taking the fall distract from all the help they got from other companies. They were the most visible top of the mountain but the bottom of the mountain is just as big its just much wider - many complicit companies that should really be shut down, will end up with a fine thats smaller that their legal bills for the case. And they haven't changed much in the way of laws. The accounting tricks used were, and are still, legal. The big banks that are in the lawsuit do the same kind of things every day, but they have very careful risk management to make sure they are always 10% ahead of bankruptcy.

Secondly, Enron employees who put all their money and retirement funds into Enron were stupid to put all the eggs into one basket. Some were just average Joe's who had been told by the "Wizzes" that the stock was a great investment. But a lot of the "Wizzes" lost a bundle as well and these guys knew their stuff - they were expecting to be able to sell "just in time" because they would have advance warning - oops thats insider trading.

The saddest part? Enron was puny. They "only" lost about 60 Billion dollars and 4,000 jobs. Way down on the list.

http://www.dnmstrategies.com/presentation/cfo/apr_2002/day1-1630-alanthompson.pdf

My theory on the Jobless Recovery? They cracked down on this crap and reported big losses - er write-offs. Now they're getting a bit looser with it again, so we see Paper gains but not jobs.

[eaprez]

3. You must have missed....

....the whole Martha Stewart thing :)

[BiggJawn]

5. That's like the joke "what would you call 10,000 Lawyers..."

"...at the bottom of the Sea?"

"A Good Start."

Martha is SO greedy. Think of it, she stood to lose what, maybe 75 Kilobucks if she had held on to her IMClone stock (which would be worth more now since that drug FINALLY got approved) instead of using the insider info to dump it?

She lost a whole lot more, didn't she?

"If you so RICH, why ain't you SMART?"

[Hotler]

6. Martha Stewart was just a token conviction, I didn't miss it.

I'm talking about the real crooks in the big corporations. The CEO's at Janus funds split $8 million in the wake of poor performance and scandal. Some got three times their salary for a crappy job.

[eaprez]

7. My response was intended

to be a joke - hence the smile at the end of it!!!!!!

[Hotler]

11. I hear you, we're cool.

N/t

[bpilgrim]

8. OUTSOURCE YOUR CxO's - INCREASE YOUR BOTTOMLINE

you much can we get for one in China or India?

:shrug:

peace

[AG78]

9. We live in America

No such thing as a greedy CEO.

By the time we all wake up, they'll all have their own private military. It'll be the only job to have in the future. That's why they don't tell you what the jobs of the future will be in the dynamic economy that is America. They just tell you to train. Train for what? You get that word pounded into your head enough, and that's all you think about. Train. Train. Train. Training. Training. Oh, the military trains you. Military training. Military training.

Then, when they kill all the regular folk, they'll turn on each other.

We have two dominant species on this planet; the human, and the corporation. Me and you, we're still human. Cheney, Forbes, Rumsfeld, Lay, bin Laden, Falwell, Robertson, Hussein, etc, etc, are just parts of a corporation.

We humans have the numbers(hopefully, because if we don't, it's over already). They have the power.

Let the games...begin!

[Union Thug]

10. Oh, that's right...

CEO's are the cowboys in white hats, the heros of the capitalist world.

I can't tell you how badly I want to reach through the tv and smack donald trump whenever I see that commercial for whatever stupid reality show he's on. "You're Fired!" SMACK!

[Name removed]

12. Deleted message

Message removed by moderator. Click here to review the message board rules.

[Hotler]

13. I am protesting,

I ride my motorcycle to work every day. The sign on the back of my helmet says,"All CEO's are greedy crooks". Thank god for white race tape and sharpie's

[leftyandproud]

14. It's up to the shareholders

You can't do anything, unless you own a piece of the pie. I wish someone would form an organization that buys stock in various companies, then attends the meetings and submits proposals to tie executive pay with stock performance...give the millions who actually own the companies a voice in how their $$ is spent. Government can't do anything. It's up to the 100 million+ who own mutual funds in America.

[mulethree]

19. 80 million

"It's up to the 100 million+ who own mutual funds in America."

80 million of them never get, or ignore the proxy voting paperwork. So the Mutual Fund companies get to vote for them. That should be good (?) as the mutual fund managers are supposed to be genius's with advanced greed training and a responsibility to use that greed in your interest. Hmm trust the greedy genius's to put your interests ahead of their own.

[revcarol]

20. Most of the mutual funds are out of private hands...

in pension funds such as the Sate of California and the State of Florida, GM, GE...

And they still seem to think that more expensive means better.

The small investor can still vote on his/her proxy when votes on CEO compensation come on the ballot of an individual company, but in order to get things on the proxy, you have to have a responsible board of directors.

To get a responsible board of Directors takes a TON of work and LOTS of organization.

My recommendations:I recommend NOT voting for any person who is on the board of more than 3 companies, because s/he cannot devote sufficient time and effor to MY company. I recommend NOT tying any performance standard to the stock price, because it is so easily manipulated.I recommend that performance be on additional sales or additional exports, increasing the value of the company through research and development of new products, NOT just cost reductions coming from shipping the same jobs overseas.

[moondust]

15. Public scorn?

It may have worked before the 1980s but Raygun changed all that. Greed is good, remember?

[Karenina]

17. And the *mafioso

be raking it in too...

All in the (Profiteering) First Family

Close relatives of President George W. Bush continue to benefit financially from the Iraq invasion, as revealed by sources including regulatory filings.

<snip>

Neil M. Bush, a younger brother of George W. Bush, has obtained a $60,000-per-year contract from a principal in D.C.-based New Bridge Strategies, a private firm set up to generate contracts in Iraq.

<snip>

These business links suggest that Chalabi, a London-based Iraqi exile, has ties to the White House along with his known ties to Vice President Cheney and the Pentagon. At a House Government Reform Committee hearing on Iraq contracts on March 11, some congressmen began to raise questions about private connections behind some of the contracts. However, committee Chairman Tom Davis, R-Va., cut off the questions before witnesses could answer.

It looks more than ever as though Bush planned all along to invade Iraq, but whatever his motives, it is certain that the war benefits his own family.

http://www.populist.com/04.7.burns.html

[Blue_Tires]

18. i've been telling anyone who would listen for years

corporate ceos-pure license to steal