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Top GM exec says federal pay limits hurt company
AP ^
| Dec. 10, 2010
| Ken Thomas
Posted on 12/10/2010 11:38:22 AM PST by re_tail20
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To: kearnyirish2
When I worked at a large telco, it was heresy to suggest that the execs be required to hold their stock for 5 years so that the consequences of their policies was reflected in the long term value of the stock. The bandits were more interested in a pump and dump approach, then fleeing the disaster they caused. The "hold" requirement makes the management work in the interests of improving the company.
21
posted on
12/10/2010 12:13:51 PM PST
by
Myrddin
To: re_tail20
Raise pay limits..
Not with MY MONEY you don’t.
FUGM and the Islamic sissy boy you rode in on.
22
posted on
12/10/2010 12:52:26 PM PST
by
wetgundog
(" Extremism in the Defense of Liberty is no Vice")
To: Myrddin
That’s absolutely right, and the best talent would be willing to risk more of their income in equity if they had something unique to offer.
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