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An Antidote to Corporate Media
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tatupu70
@
2011 Sep 30, 3:56am
tatupu70
@
2011 Sep 30, 3:56am
I dont see why anyone would be angry or care. (unless you are liberal and thinking making money is wrong?).
I think anyone would be angry at this insanity. Inept and corrupt Boards of Directors are one of the main reasons why CEO pay has gone up to such ridiculous levels. BODs are pretty much a complete sham now. They are made up of executives of other companies who all look out for each other. It's gotten incestuous....
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HP's recently released CEO, Leo Apotheker, bails out after just 11 months at the helm with $13M in cash and stock. This after the company's stock plummets $40B in 11 months.
http://news.yahoo.com/recently-fired-hp-ceo-departs-more-13m-232500203.html
How can anyone defend this as being what capitalism is all about? Why do Boards of Directors keep signing off to stupid packages like this?