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zipjet

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zipjet

Re: rkrw post# 64020

Monday, 07/07/2008 3:48:52 PM

Monday, July 07, 2008 3:48:52 PM

Post# of 257426
>>Nothing illegal about what they did.

Really?

If they executives knew that a buyout was likely and they modify their compensation to reward the sale of the company, there is nothing illegal?

Not sure myself. Not my area but I suspect an attorney could make decent arguments that it is illegal - an unlawful appropriation of the shareholders value.

ij

There are times when rules and precedents cannot be broken; others when they cannot be adhered to with safety. (Thomas Joplin)

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