Posted on 08/13/2003 5:47:28 AM PDT by SJackson
Edited on 04/22/2004 11:49:39 PM PDT by Jim Robinson. [history]
Oh, how flummoxed, betrayed and belied we're feeling by the news! Hundreds of companies, in response to the Bush dividend tax cut, have been upping their dividend payouts. But executives who make these decisions are themselves often big holders of their companies' shares. Ipso facto, executives are approving large pay raises for themselves when they approve dividend increases for their shareholders.
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