So? If you own the company you should be able to call the shots. I blame the lack of competitive proxy elections for the completely insane levels of CEO pay these days -- a little game that steals money from shareholders to feather beds of corporate insiders.
As an investor it makes my blood boil to see a company I own stock pay its owner $100 million in a year in which my stock depreciates 50%.
2 posted on 08/30/2010 5:27:16 PM PDT by Alter Kaker
(Gravitation is a theory, not a fact. It should be approached with an open mind...)