To: Batrachian
This episode points to a serious problem with U.S. businesses. Officers of the board take hundreds of millions of dollars in compensation from the company, and then that money isn't available to reinvest in the company. R&D, new equipment, competitive salaries for the rank and file, service to the customer, all of it siphoned off into the pockets of the board members. Some companies that are already weak wind up going bankrupt because of this sort of thing. Sure it's a problem, but it isn't anywhere near as serious as the problem of the government stealing money from the private sector. We've lost our priorties, so that we may jump on the trendy villain bandwagon.
To: Moonman62
I think I could list two dozen problems worse than this Grasso business, but since that's what's under discussion, than that's what I'm going to discuss.
Do I have to add a disclaimer to everything I say to the effect that "I know there are worse problems out there but this is what I'm discussing now."?
To: Moonman62
Between Gra$$o and his millions, consular IDs being accepted from illegal aliens, ankle-biting democRats, etc. where IS this country going?
82 posted on
09/17/2003 7:46:53 PM PDT by
hripka
(There are a lot of smart people out there in FReeperLand)
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