Currently on CNBC, companies like Countrywide Financial borrowed money to buy back shares in order to pump the stock price. In the mean time, CEOs are sell millionaires of shares. CEOs are ripping the companies off while leaving the mutual funds and others to hold the bag. Note: most mutual funds investors are middle-class working people.
Ethics is a choice after all, unlike regulation all fair, as long as systems are worked(just like technicals) to advantage
You need to change your name to ignorant investor. To make a blanket statement that MOST CEO's are crooks is just plain wrong.
Where did you get those demographic from? Most CEOâs are crooks? There are 10âs of thousands of CEOâs how big was the sample size you used and what was the criteria? On the âNote: most mutual funds investors are middle-class working people.â Where did you get that info from? Iâd love to see the demographic on that one too. Thanks
Yea, but it has been going on for years. Yet, still nothing to regular it. Not only that, if they happened to get fired, they get exist compensation that worth more than if the board just let them act as the CEO until the end of their contract.
Or if you're a union worker you'll get enough money to buy house, two cars and a boat for doing nothing but manual labor. Then if they want to buy you out, you'll get ten years compensation just to quit. Thats a good racket, too. No wonder it's run by the mob.