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And Mozilo, noting that "our stock price appreciated over 23,000 percent" from 1982 to 2007, said he received performance-based bonuses approved by shareholders and exercised options as he prepared for retirement. "In short, as our company did well, I did well" he said. Full Article at International Herald Tribune
In short, as our company did well, I did well
SOURCE: International Herald Tribune
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'When the business does well, all shareholders do well. But if the business does not do well, the value of that compensation can plummet.
SOURCE: International Herald Tribune -
Most Americans live in a world where economic security is precarious and there are real economic consequences for failure. But our nation's top executives seem to live by a different set of rules.
SOURCE: International Herald Tribune -
There seem to be two economic realities operating in our country today
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The reality is that I received no severance package
SOURCE: International Herald Tribune -
When companies fail to perform, should they give millions of dollars to their senior executives?
SOURCE: International Herald Tribune -
From a shareholder perspective, it is not possible to justify that payment
SOURCE: International Herald Tribune
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