Berkeley CSUA MOTD:Entry 10243
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2025/04/07 [General] UID:1000 Activity:popular
4/7     

2003/9/18 [Finance/Investment] UID:10243 Activity:high
9/18    I'm a stock holder and I get the following question on the proxy
        vote: "PROPOSAL FOR THE APPROVAL OF THE ADOPTION OF THE FISCAL
        YEAR 2004 EXECUTIVE BONUS PLAN. Directors Recommend: FOR"
        Except for the greedy ass execs, why would any stock holder in
        their right mind vote for "FOR"?
        \_ Everyone washing everyone else's back.  Your vote doesn't matter
           anyway.
        \_ maybe you *haven't read* the thing and it's actually
           decreasing their bonuses or something. and if not, the
           answer is, invariably, some people are stupid! duh.
        \_ The presumption is that by giving these bonuses the execs will
           be better motivated to increase the value of your stock.  Whether
           or not it works is another question.
        \_ The big shareholders (corporate or institutional) fear change
           in leadership even more than slightly below average leadership. By
           approving bonuses, they keep the current execs and avoid possible
           randomness in stock price, speculation, lack of direction, etc.
        \_ don't worry, the NASDAQ board is going to give themselves a
        bonus for ousting Grasso
        \_ what is FOR?
2025/04/07 [General] UID:1000 Activity:popular
4/7     

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