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To: indylindy

A CEO has a duty to look after his company and his stockholders...if more of these clowns drive there companies into the ground while taking millions...there will be new laws enacted...which would be a shame.


115 posted on 02/04/2009 4:32:28 PM PST by nyconse
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To: nyconse
A CEO has a duty to look after his company and his stockholders...

You don't understand these fiduciary duties if you think they mean an executive cannot take a bonus he is entitled to under his employment contract.

Besides, he was looking after his company and shareholders when he laid off 7,000 unnecessary workers.

116 posted on 02/04/2009 4:35:28 PM PST by Arguendo
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To: nyconse

That is what the CEO did. I do not see anything about the stockholders being upset.

How do you know these people got millions. There is no law, yet, that demands they employ this 7000 people and give benefits when they are no longer needed.

You need to change parties. You are a socialist.


118 posted on 02/04/2009 4:48:58 PM PST by dforest (life is now good again....he has been inaugurated)
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