On Tue, 20 Dec 2005, Omer Zak wrote: > On Tue, 2005-12-20 at 09:32 +0200, Alon Altman wrote: > > On Tue, 20 Dec 2005, Omer Zak wrote: > > > We also have to ensure that Hamakor's official positions are made > > > unattractive to power-hungry politicians.This means, for example, that > > > the Hamakor board should think twice before accepting the share in the > > > Vaya Research Institute.It is OK and necessary that people, who > > > volunteered to serve in Hamakor's board and other positions, are > > > rewarded AFTER they finish their terms in those positions.But as long > > > as they are holding those positions, they should not have incentives to > > > continue clinging to them. > > > > The shares in Vaya were awarded to Hamakor, not to the board members. > > These shares do not have a monetaryvalue and are only symbolic. > > It does not matter.Once Hamakor has those shares, the Hamakor Board > has some tiny power over another organization, and this tiny power has > the consequence of adding to the attraction in the eyes of power-hungry > people. > > If Hamakor's goals can be furthered by share-based control over Vaya > Research Institution, then this may be worth the above risk.But I do > not see where those shares can further the goals of Hamakor.Anything > Hamakor needs to further its goals can be nicely asked of the major > stakeholders of Vaya Research Institution.
in other words, hamakor can simply sit on the advisory board, instead of having direct stakes in another organization. i think this will be enough to achieve what was desired, without having to add more beaurocracy of shares. -- guy "For world domination - press 1, or dial 0, and please hold, for the creator." -- nob o. dy --------------------------------------------------------------------- To unsubscribe, e-mail: [EMAIL PROTECTED] For additional commands, e-mail: [EMAIL PROTECTED]

