[Rhodes22-list] John Shulick - I draw a distiction
RobertBovee50 at aol.com
RobertBovee50 at aol.com
Tue Jan 27 07:05:27 EST 2009
The board of directors for most corporations are made up of people outside
of the business. People such as lawyers, bankers and accountants are good
board members. Their seats on the board change frequently and they receive
nominal reimbursement for their participation. Many times large stock holders are
invited to sit on the board.
In a message dated 1/26/2009 5:49:02 P.M. Eastern Standard Time,
sanderico1 at gmail.com writes:
Blanche,
I'm no expert on corporate governance, but I would imagine that the
board sets their own compensation, similar to the way the congress sets
theirs.
Rik
"There is no such thing as luck. There is only adequate or inadequate
preparation to cope with a statistical universe." ... Robert Heinlein
Blanche DeFord wrote:
> Rik,
>
> I am ignorant of these things. Who sets the board of directors pay?
>
> Sincerely,
> Blanche DeFord
>
> --- On Sun, 1/25/09, Rik Sandberg <sanderico1 at gmail.com> wrote:
> From: Rik Sandberg <sanderico1 at gmail.com>
> Subject: Re: [Rhodes22-list] John Shulick - I draw a distiction
> To: "The Rhodes 22 Email List" <rhodes22-list at rhodes22.org>
> Date: Sunday, January 25, 2009, 5:58 AM
>
> Wally,
>
> Agreed, corporate officer's compensation is ridiculous. Especially
> considering the amount of personal responsibility they show. (Thain is
> the latest perfect example) BUT, every one of those corporations has a
> board of directors that agreed to pay that compensation. Was somebody
> holding a gun to their heads?? .... or are they just that stupid. We
> can't blame a man for taking the money that was offered to him.
>
> Rik
>
> "There is no such thing as luck. There is only adequate or inadequate
> preparation to cope with a statistical universe." ... Robert Heinlein
>
>
>
> TN Rhodey wrote:
>
>> Herb, I agree with your comment about domestic violence. I think John was
>> pointing out a possible effect of layoffs rather than the cause of
>>
> domestic
>
>> violence,
>>
>> If shipping jobs overseas sustains the long term growth of a company that
>> is a good thing. I can't fault a company for making decisions that
>>
> help them
>
>> stay in business. I do have a problem with US companies taking advantage
>>
> of
>
>> sweat shop type labor.
>>
>> I also think share holders are waking up and realizing these CEO comp
>> packages are way out of line.
>>
>> Fair Winds,
>>
>> Wally
>>
>>
>>
>> On Sun, Jan 25, 2009 at 8:13 AM, Herb Parsons
>>
> <hparsons at parsonsys.com>wrote:
>
>>
>>
>>> Why? Why is it wrong for those who "glibly ship millions of jobs
>>> oversees". Those are THEIR jobs to ship where they please.
>>>
>>> Anyone who commits "domestic violence" because of a job
>>>
> situation IS the
>
>>> SOB, not the person who shipped the job overseas.
>>>
>>>
>>> John Shulick wrote:
>>>
>>>
>>>> "I draw a distiction between those who cut off a reporters
>>>>
> head on a
>
>>>>
>>>>
>>> video,
>>>
>>>
>>>> attach a bomb with shrapnel then send that person into a crowd and
>>>>
>>>>
>>> explode
>>>
>>>
>>>> the bomb, those who capture someone and wait for a camera to
>>>>
> banyonet the
>
>>>> prisoner, you get the idea."
>>>>
>>>> And I see little difference with those who glibly ship millions of
>>>>
> jobs
>
>>>> oversees to further stuff their already full pockets leaving
>>>>
> behind
>
>>>>
>>>>
>>> broken
>>>
>>>
>>>> lives and shattered families. Have you ever contemplated the the
>>>>
> domestic
>
>>>> violence these suited SOBs' have caused?
>>>>
>>>> "I have no problem with hanging the big horse theives. Try
>>>>
> to get your
>
>>>> representative in Washington to do that.
>>>>
>>>> But I am willing to let civil law handle those transgressions,
>>>>
> since that
>
>>>>
>>>>
>>> is
>>>
>>>
>>>> what it is for. What penalty do you propose for those in Congress
>>>>
> who
>
>>>> demanded and compelled banks to loan to those who obviously could
>>>>
> not pay
>
>>>> the mortgage?"
>>>>
>>>> Everyone accused of a crime has a right to a trial before
>>>>
> judgement is
>
>>>> rendered and I don't believe the gitmo detainees have gotten
>>>>
> that. If I'm
>
>>>> wrong could someone show me a transcript of the trial. I believe
>>>>
> our
>
>>>> discussion was about summery execution and the dismissal of common
>>>>
> law.
>
>>>>
>>>>
>>> Can
>>>
>>>
>>>> you tell me which bill Congress passed to made such a mandate to
>>>>
> the
>
>>>> investment banks that bought fannie mae and freddy macs'
>>>>
> securities or
>
>>>>
>>>>
>>> the
>>>
>>>
>>>> bond ratings organizations who rated the stuff AAA? If such a bill
>>>>
> was
>
>>>> passed why didn't doofus Bush act like a leader and veto it???
>>>>
>>>> "And if you call me Comrade again, I will personally begin to
>>>>
> attack you.
>
>>>>
>>>>
>>> -
>>>
>>>
>>>> do you understand? I guarentee that it will be vitrolic and get
>>>>
> your
>
>>>> attention. Unfortunately, it will get everyone else's
>>>>
> attention. So
>
>>>>
>>>>
>>> learn
>>>
>>>
>>>> simple politeness."
>>>>
>>>> I will agree to knock off the "comrade" stuff if you
>>>>
> will agree to stop
>
>>>> calling myself and others on this list "marxists" when
>>>>
> we explore
>
>>>>
>>>>
>>> different
>>>
>>>
>>>> ideas and opinions. Politeness is a two way street please remember
>>>>
> that.
>
>>>>
>>>>
>>> How
>>>
>>>
>>>> did you get the nickname Tootle?
>>>>
>>>> John Shulick
>>>>
>>>>
>>>>
>>>>
>>>>
>>>>
>>> --
>>> Herb Parsons
>>>
>>>
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>>>
>>>
>>>
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