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At my company, bonuses are called 'awards' and the president and every executive officer get 'awards' of stock they can flip the same day. It's called insider trading and if kept at certain levels, is legal. But I consider it immoral.
Thats not what insider trading is..
Insider trading is buying or selling stock based upon inside information that will change the price of the stock, and using that information to profit.. Getting stock options as part of your salary is compensation, no where close to illegal, especially considering all trades by corporate executives have to be made public..
Thats not what insider trading is..
Insider trading is buying or selling stock based upon inside information that will change the price of the stock, and using that information to profit.. Getting stock options as part of your salary is compensation, no where close to illegal, especially considering all trades by corporate executives have to be made public..
Hmmmm.....
While this isn't my company, here's and example of this:
I think the Wall Street bonuses and bonuses like in GM are more for show than for real profits. Sort of like throwing a party on the Titanic just before it sinks. Give the impression that things are back to normal and everything is peachy dandy when things are about to hit the crapper again and its going to be worse this time.
If the money isn't there, it isn't there. Private companies playing fast and loose with investors money has always been a problem and its management, not unions, who are doing it. I think all state lawmakers should take a 10% pay cut or give up perks and also accept a 3 year wage freeze. Public workers are among the best paid in their fields so they can take a wage freeze or have to pay additional costs for their benefits. I wouldn't take away their right for arbitration but I also wouldn't be inclined to be sympathetic to their grievances.
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I think in the vein of what's good for the goose etc.that if you're going to blame unions for something the parties that sign the other side of union contracts must equally share the blame.
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