U.S. House Passes Bill Granting Shareholders Vote on Executive Pay

April 20, 2007

  • April 20, 2007 at 2:05 am
    Bulldogg says:
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    First they deny the right for a worker to cast a vote in confidence when a union tries to force their way in and now this. So how long will it be before voting in elections will be public record.

  • April 23, 2007 at 10:49 am
    DWT says:
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    What a wonderful idea! I\’m sure that as a shareholder of General Electric I am best suited to work on their compensation board.

    Where do we go next? Shareholders getting a voice in what products to take to market?

    Oh, by the way don\’t we to some extent have that today? If we agree with the direction of the company we purchase the stock, and if we don\’t agree… we sell it?

  • April 23, 2007 at 1:31 am
    Confused says:
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    Did they say the voting would not be confidential?

    Unless I\’m missing something, I don\’t see the problem with this. I\’m really tired of seeing companies laying off workers, but giving their CEOs huge raises & bonuses. I also think the severence packages should have some sort of penalty clause if the CEO ran the company into the ground before he left. Let the shareholders have a vote!

  • April 23, 2007 at 1:41 am
    Jeff the Cynic says:
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    Disclosure is one thing, voting is another.

    The only vote should be buying or selling shares. If there is full disclosure, let market action act as the poll.

    More hair-brained, anti-free market, socialist bureaucrats legislating complex fixes for simple problems creating unintended consequences that further mask realty.

    Way to go Barney!



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