Agreed, but isn't that a matter for the board of directors and the shareholders to resolve?
I once had to try and keep order at a board meeting during a shareholder revolt - when the CEO was getting paid HUGE bucks, yet flying the company (and therefore the shareholders' fortunes)into the ground. No violence, but the level of anger and screaming and cursing was amazing.
The CEO found himself unemployed shortly thereafter.
Yes, and Pres. Bush has called for more transparency for shareholders so they can be more informed.
The President has not called for any Gov't intervention legislatively yet many freepers are almost calling him Stalin over his comments.
For the President to go onto Spitzer's turn as a Repub and preempt one of Spitzer's issues by saying this...wise move IMO.