I rock back and forth in my chair in gleeful contempt of all these so-called "counter culture" companies that have taken a fast track to making their top managers billionaires while stiffing the workers and stock holders!
"I rock back and forth in my chair in gleeful contempt of all these so-called "counter culture" companies that have taken a fast track to making their top managers billionaires while stiffing the workers and stock holders!"
I dunno I got the disbursement of my Worldcom 401K that resulted from one of the court settlements. Not sure what I will do with the 1 cent check I received. Probably try not to spend it all in one place.
This has gone on so much, especially in tech companies for many years now.
Why so many refuse to do stock buybacks or pay a dividend to stockholders. They need a big percentage of their profits to cover all the stock options they dish out to the upper management and executives.
Cisco is a perfect example of this. Their stock has been dead money going nowhere for years now, but they still refuse to pay a dividend or perform stock buybacks. They continue to have one of the most bloated stock option programs for management in the US corporate industry.
For the record, I'm not an exec; we're not run by a bunch of bleeding heart, liberal hippies either.
Just like Snickers candy bar... it is only good if you eat it... options are only good if they're excercised.
Isn't that the TRUTH!
If you do not have a title of director or above (VP) then you do not have a contract and you get SCREWED!
Time to change the RULES!