Replies to post #72512 on e.Digital Corporation (fka EDIG)

[wsidejack]

I estimate that if GM's management had not taken the steps

they did, they might have been almost literally torn to shreds at a SHM where the institutions and other interested parties showed up and "voiced" their concerns.

And they might have had a little trouble finding a new job after that.

But at edig's last SHM the sheep approved everything on the agenda, with only one major dissonant voice, and (correct me if I'm wrong) voted for bonuses for management.

Bonuses need to be tied to performance. You give them ex post.

And some people have no trouble finding a job, as corporate welfare recipients.


wsj