bandw1dth
join:2003-02-07
Hoboken, NJ
| reply to rugby
Re: Blowing smoke
said by rugby  :
Bankruptcy means nothing to them. The corporate parachute they each have is enormous. Even if Comcast went TU tomorrow the corporate execs would STILL make millions even though the hard working techs and other people would get squat.
Death to corporate america
The corporation itself isn't evil. They are needed for what they can do. What is evil are the people that run them. If the SEC got off its collective as$ and actually prosecuted corrupt CEO's and financial analysts, then we wouldn't be having this problem.
There is a huge problem with management getting million dollar parachutes on their way out, while the company goes to the crapper. If the government went to get ALL of them, rather than just making an example out of just ONE, then we'd all be in a better place. By their own example, I should be able to defraud everyone in site, after all Ken Lay got away with it. |
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hmmmmmph
@bellsouth.ne | Most CEO's and CFO's ARE held accountable for financial misgivings. When a company files a 10-Q, or quarterly earnings ststement to the SEC they both sign it with the understanding that if there are errors within that they are 110% held accountable. |
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BrianDamage
We Are The Hounds From Hell
Premium
join:2001-08-14
Rowlett, TX
clubs: 
| Really?
Then why isn't Ken Lay going to jail?
Really, corporate accountability has seen a lot of press in the last year, and it is common knowledge that CEOs have ripped folks off and gotten away with it on a grand scale.
Obviously, you haven't watched much news in the past year.
Whether they followed the law or not isn't the issue-the laws on the books are only as good as the diligence of their enforcement.
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The rich get richer, the poorer get the picture, the bombs never hit you when yer down so low...some got pollution, others evolution, there must be some solution but I just don't know....briandamage@dslr.net |
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