I was just looking at this today. I think my numbers add up just from scanning. I may be short or over, but close, and the year hasn't ended. This in part has been eroding the markets, a big part, and this is just one man, and one company from the thousands. This on top of everything else that has gone on, and goes on. Not one has found a cure for cancer, or founded the fountain of youth, but they all believe they are deserving of this kind of money. A top neuro surgeon earns approx 3 million a year, a commercial pilot may not even earn $50k, a fireman the same, and a policeman. The US president earns $400k, and look at all he has to deal with daily. But these guys are just to important and the world couldn't live without them.
Here's on solution for change:
In just this last year 2010 Gates alone has raked in over One Billion dollars from those who chose to buy this stock, and this doesn't include his other insiders. This is how he and they obtain their wealth, why Gates is one the richest men in the world today. Not from the money the company, or he earned.
This is the root of the problem for publicly traded companies. Getting paid with stock and stock options is the vehicles used in stealing investment dollars. The people who do the real work for companies like this are those who stand on their feet all day long having punched a time clock. Their pay is determined by the companies earnings, and from these earnings they are paid, unlike the insiders, who like they should have their pay determined by the shareholders, and receive that pay from the companies earnings in the form of weekly check that is cut by the companies payroll department.
Controlling stock shares should from the beginning remain restricted till the sale of the company, and or if the company merges and stock shares are exchanged. If this is the case these to should remain restricted until a owner/partner decides to sell out with their holdings.
If these people want to own additional stock which is not restricted they should have to buy theses on the open market like everyone else.
Obama with the Congress may not be able to put caps on what these people earn, but this legislation could be created into a Bill and passed into law. It would then fall into the lap of the SEC to enforce this with oversight.
Its this very activity that breaks down any integrity in the market, this and these 504D filings and S-8 filings, among others. If there is to be any real financial reform it begins here, and from here they could build to curb so much of the legal corruption our government created and sponsors.
Feb 16, 2010 GATES WILLIAM H III
Director 3,000,000 Direct Automatic Sale at $28.25 per share. $84,750,000 Feb 12, 2010 GATES WILLIAM H III
Director 2,000,000 Direct Automatic Sale at $27.81 per share. $55,620,000 Feb 11, 2010 GATES WILLIAM H III
Director 2,000,000 Direct Automatic Sale at $28.09 per share. $56,180,000 Feb 10, 2010 GATES WILLIAM H III
Director 2,000,000 Direct Automatic Sale at $28.02 per share. $56,040,000 Feb 9, 2010 GATES WILLIAM H III
Director 2,000,000 Direct Automatic Sale at $28.09 per share. $56,180,000 Feb 8, 2010 GATES WILLIAM H III
Director 2,000,000 Direct Automatic Sale at $27.88 per share. $55,760,000 Feb 5, 2010 GATES WILLIAM H III
Director 2,000,000 Direct Automatic Sale at $27.96 per share. $55,920,000 Feb 4, 2010 GATES WILLIAM H III
Director 2,000,000 Direct Automatic Sale at $28.06 per share. $56,120,000 Feb 3, 2010 GATES WILLIAM H III
Director 3,000,000 Direct Automatic Sale at $28.55 per share. $85,650,000
May 3, 2010 GATES WILLIAM H III
Director 2,000,000 Direct Automatic Sale at $30.84 per share. $61,680,000 Apr 30, 2010 GATES WILLIAM H III
Director 1,000,000 Direct Automatic Sale at $30.74 per share. $30,740,000 Apr 29, 2010 GATES WILLIAM H III
Director 2,000,000 Direct Automatic Sale at $30.99 per share. $61,980,000 Apr 28, 2010 GATES WILLIAM H III
Director 2,000,000 Direct Automatic Sale at $30.87 per share. $61,740,000
May 14, 2010 GATES WILLIAM H III
Director 1,000,000 Direct Automatic Sale at $28.84 per share. $28,840,000 May 13, 2010 GATES WILLIAM H III
Director 1,000,000 Direct Automatic Sale at $29.55 per share. $29,550,000 May 12, 2010 GATES WILLIAM H III
Director 3,000,000 Direct Automatic Sale at $29.37 per share. $88,110,000 May 11, 2010 GATES WILLIAM H III
Director 1,000,000 Direct Automatic Sale at $29.13 per share. $29,130,000 May 10, 2010 GATES WILLIAM H III
Director 2,000,000 Direct Automatic Sale at $28.97 per share. $57,940,000
May 7, 2010 GATES WILLIAM H III
Director 777,000 Direct Sale at $28.07 per share. $21,810,390 May 7, 2010 GATES WILLIAM H III
Director 223,000 Direct Automatic Sale at $28.77 per share. $6,415,710 May 6, 2010 GATES WILLIAM H III
Director 1,500,000 Direct Sale at $29.67 per share. $44,505,000 May 6, 2010 GATES WILLIAM H III
Director 500,000 Direct Automatic Sale at $28.82 per share. $14,410,000 May 5, 2010 GATES WILLIAM H III
Director 1,000,000 Direct Automatic Sale at $29.89 per share. $29,890,000 May 4, 2010 GATES WILLIAM H III
Director 1,000,000 Direct Automatic Sale at $30.07 per share. $30,070,000
Aug 24, 2010 GATES WILLIAM H III
Director 1,000,000 Direct Automatic Sale at $24.15 per share. $24,150,000 Aug 23, 2010 GATES WILLIAM H III
Director 2,000,000 Direct Automatic Sale at $24.39 per share. $48,780,000 Aug 20, 2010 GATES WILLIAM H III
Director 2,000,000 Direct Automatic Sale at $24.28 per share. $48,560,000 Aug 19, 2010 GATES WILLIAM H III
Director 1,000,000 Direct Automatic Sale at $24.48 per share. $24,480,000
