On Wed, 9 May 2007 07:26:34 -0400, Veilleux, Jon L wrote: >What elites are you talking about? Is that a synonym for 'liberal'??? >The ones who decide on CEO compensation now are mostly CEOs from other >companies who are on the boards of directors of multiple companies. I >know you're not talking about them, but those are the true 'elites'. >
The "Elites" I'm talking about are the fictitious few who would decide on who gets what in the context of the post I was replying to. Any synonym you attach to my post is your responsibility. I specify no political persuasion, race, creed or color on purpose. I don't think it's relevant. I don't think you "know" to whom I am referring. I sense you feel I am blanketly defending boards of directors or some such thing. In fact, I would include many of them in those who feel they are the ruling class. But not all. As many other posts have already explained, they have a job to do. If they don't do that job responsibly, they are not acting in the best interest of the company nor the shareholders. In that, their lack of fiduciary responsibility may be prosecutable, but it's tough to prove. So in that sense, they are relatively untouchable. There are good people and there are bad people. Some of each will be on boards of directors. Hopefully all your holdings will be in companies with more good than bad. ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
