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Friday, September 10, 2010 12:45:53 PM
You stated:
Its not your money anymore once you make the trade.
I agree that it becomes the property of the company once shares are purchased from the company, but I also think that the company incurs an obligation to enhance shareholder value with that money, not stuff it in the CEO's pockets for personal gain. There is an implicit contract that exists when one buys stock in a company: a publicly traded company is owned by the shareholders, not the founder or any other officer of the company.
I object to Dean stating that the $8MM was from his personal funds, if indeed it came from monies paid out of shareholders value.
Finally, I absolutely agree with your final statement:
I want a PR Dean is out or locked in his office somewhere off shore with some big dude keeping his mouth shut.
Thank you for your response to my post, I welcome intellegent debate.
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