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MadCityCyclone

10/14/10 9:31 PM

#106357 RE: DewDiligence #106353

Prima facie evidence that ceo's do not belong on a company's board of directors due the inherent conflict of interest between shareholder's interests and their own. And/or that 85.5% of them are overpaid.
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vinmantoo

10/15/10 2:14 AM

#106380 RE: DewDiligence #106353

<<Termeer also would get a cash change-in-control payment of $11 million. So he would pocket $29 million if Genzyme accepts the $69-a-share offer. However, he would lose $38 million in the present value of three year’s future pay and so would end up $9 million in the hole.>>

I would love to fall into that kind of hole!!