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To: kabar

“I don’t run the corporations, the stockholders do”

If you really believe that, you have never been to a major corporation’s stockholder meeting.

They are not Town Hall operations. The CEOs and Directors have pretty well wired the bylaws to guarantee any insurrection will be smashed down.

How do you think clowns with failing records (Home Depot, General Motors, Enron) get those fabulous payouts - by a direct vote of the stockholders?

If you believe that stockholders have control of the corporations, propose at the next meeting that all compensation decisions be subject to a direct vote of the stockholders - see how far you get with that.


25 posted on 09/24/2007 9:28:15 AM PDT by oldbill
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To: oldbill
They are not Town Hall operations. The CEOs and Directors have pretty well wired the bylaws to guarantee any insurrection will be smashed down.

LOL. So the stockholders are powerless? Please. If the company starts losing money or sales, they will lose stockholders and go out of business. You make it sound like the CEOs and Directors are conspiring against the company. Why and how are CEOs and Directors fired?

If you believe that stockholders have control of the corporations, propose at the next meeting that all compensation decisions be subject to a direct vote of the stockholders - see how far you get with that.

If I could get a sufficient number of stockholders to go along with me, I could. How do you think hostile takeovers come about?

27 posted on 09/24/2007 9:54:38 AM PDT by kabar
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