Againsheila
Gold Member
Like I said before, you can share the fortunes and misfortunes of the company by buying stock. If you had an employment contract that stated you had to stay on for a specified time or pay a penalty, that might be an option. Many peolpe just leave in hard times and would stick the company.
They GAVE me company stock, part of an agreement with the union. It was worth $4000 when I got it. I kept it, didn't sell it and the company tanked, when the stock reached $500, they bought me out. I didn't have a choice in that either. Guess I should have sold when it was $4000 rather than holding on to it for my possible retirement.
Nope, no sympathy for corporations here.
This thread wasn't about your feeling about companies. It was about CEO compensation. Then you hijacked it the first time to discuss what you fely was your due.
In a recent post, you stated you would share in the down times too. Sounds like you did. Quit your bitching.
I have no problem capping their salaries at about 50 times what their workers make. There is not excuse, no reason for them to make more than that. Nobody needs that much money and nobody "earns" that much money. As I said, if we have a maximum wage, maybe the lower paid workers would actually make enough money to put a roof over their heads.
One more time, remember the French Revolution? No country can long survive the huge income gap we have in our country right now.