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Matt_Chart

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Matt_Chart

Re: spongeni post# 11269

Friday, 11/19/2010 5:53:18 PM

Friday, November 19, 2010 5:53:18 PM

Post# of 282814
Thats a very powerful statement when the CEO takes a salary reduction to help out the company. i remember the CEO of Ford did that. Said he would work for $1 salary a year until the company turned around. of course Im sure he had a heafty bankroll keeping him afloat.

How is the share structure on this since I was last around? My first though was that they payed down the debt by increasing the Float by selling company shares.

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