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Saturday, October 07, 2006 7:14:08 PM
And from what I can see they might well be expected to compensate, not by sharing our pain, but just by increasing their option packages. Look at the low exercise price they could now justify.
Anyone ready for a truly independent executive compensation committee, outside directors, a published disclosure policy, a published insider trading policy, and other widely-recognized elements of good corporate governance? Or do we just continue with this "keep the faith" stuff, manholes, phone calls and e-mails to insiders and every other type of mickey mouse crap?
Trust is good. Control is better.
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