Well Steve, should make you happy Obama got elected. He's heavy pro union.
He's already put in riders on the porkbill that says all gov't and state contracts have to be handled by union labor.

So I guess we can all look forward to bridge/road projects taking 3x as long as normal and falling apart before they are completed.
Think i'm being snarky..read up on the big dig in Boston.

quote Originally posted by Uaana: He's already put in riders on the porkbill that says all gov't and state contracts have to be handled by union labor.

That should be illegal. Bids should go to who ever has the lowest bid. You now to save the people money. But given this socialist president and his socialist labour secretary I can see why its in this socialist pork bill.

Lets make this easy for you.

The members of the board of directors are 10,
Each have 10,000 shares of preferred stock, (you all know what preferred stock is right?)
that’s 100,000 shares, right?
They vote that the new CEO gets 3 million next year win, lose or draw.
The regular stock holders have 50,000 shares .
They vote he gets nothing if the company loses money.

Who wins?

You 2 really are arrogant.

So the CEO’s blow buddies win.

Steve

And oh ya a proxy vote is one placed by an individual for someone else. For the individual that isn’t there.
So that all those not there can also have a vote.

But lets see all those preferred stocks have more say.

------------------
Technology is great when it works,
and one big pain in the ass when it doesn't.
Detroit iron rules all the rest are just toys.

You are still nothing more then a bitter ignorant toady who hates people who have amounted to more in their life then could. You still have no clue about how and what a CEO does or how stock is measured. Your example is for a few cases and doesn't give a good picture. I'm sure your simple mind thinks that how it all works but its not. I don't expect you to understand that. So stop pretending that you know what you are talking about.

And you start talking to me and anyone else like a human being.

What I said is true.
Isn’t it?

Steve

------------------
Technology is great when it works,
and one big pain in the ass when it doesn't.
Detroit iron rules all the rest are just toys.

quote Originally posted by 84fiero123: And you start talking to me and anyone else like a human being. What I said is true. Isn’t it? Steve

If you read my post I answered that question. Was it over your head? Do I need to draw you a picture? It may be true in a few cases. But its hardly how the vast majority of companies are run.


I'll talk to you any way I want. If you weren't a pathetic, bitter, jealous, union toady who hates people that made more of them self you have I wouldn't treat you like one. I've read you wish ruin on people you don't know just because they have more money then you. I've read too you talk about how happy you were when people had their houses burned down. I treat you like you deserve.

quote Originally posted by 84fiero123: And you start talking to me and anyone else like a human being. What I said is true. Isn’t it? Steve

No. it isn't.

That is the point.

And as for being spoken to like a human being, you get what you give in life.