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We are marching toward total corporate governance

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katinmn Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-30-05 05:39 PM
Original message
We are marching toward total corporate governance
The Enron scandal didn't cause a ripple for America's 500 largest companies.

Personal income for the CEOs of the S&P 500 doubled from $4.1 billion in 2000 to $8.1 billion in for 2003. This would not include the most recent tax breaks for the wealthy Bush signed in 2004.

Lee Raymond, Exxon's chief executive, is called "emperor" by an insider because he has more unaccountable power than the heads of the G8 (industrialised countries).

http://www.guardian.co.uk/usa/story/0,12271,1400967,00.html

Boy, are we stupid!:crazy:
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Kali Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-30-05 05:41 PM
Response to Original message
1. Marching toward?
We are there, baby!
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msgadget Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-30-05 05:43 PM
Response to Reply #1
2. Ditto
Was about to say the same thing!

:eyes:
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JanMichael Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-30-05 05:44 PM
Response to Reply #1
3. Next step: Jennifer Government.
You'll take the last name of your god, er, company.
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katinmn Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-30-05 05:51 PM
Response to Reply #1
4. Well, I must demand transparency. I want to see their names on the ballot!
I want to know which CEO is getting my stolen vote.
:silly:

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HysteryDiagnosis Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-30-05 06:05 PM
Response to Original message
5. Capitalism without restraint, you gotta love it. No checks and balances
here... move on... nothing more to see. Just the wreckage of a government that used to be based upon the principles laid out in the constitution. America no more... no borders, no national profile, just ledger sheets and CEO bank accounts. Praise god and pass the ammunition.
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BrklynLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-30-05 07:14 PM
Response to Original message
6. That is what I thought Gasparino's book was all about.
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