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Thread: JPMorgan Marketing Downtown’s 1 Chase Manhattan Plaza

  1. #21
    Quote Originally Posted by TopDogger View Post
    Bonuses and incentives for employees tends to drive the problems. Whoever sets up those programs needs to be investigated.
    They should create a law to limit the amounts or set a percentage from their original salaries.
    Those who can make you believe absurdities can make you commit atrocities.

    Voltaire


  2. #22
    Quote Originally Posted by TopDogger View Post
    With most corporate boards, a couple of founding members may be major shareholders, but most are not. Board members are given stock or stock options, but you have to hold at least 20% of the shares to be considered a major shareholder.

    The other issue is that the board is not involved with the day-to-day activities. Most do not know the employees and are not aware of the day-to-day operations. Board members set the strategic goals for a company.
    Board members aren't given only stock or stock option, some are even financially compensated, perhaps a few thousands of dollars for each corporate meeting, and all kinds of fees. So believe me, they do not earn only from stock raise, dividends, they also make money from "fees".

    Also members of board directors, can accumulate board of directors position in "different corporations", I quoted because regulators have found and may keep founding member(s) of board directors in corporations competitors board directors!, It happened and will happen again, perhaps in the shadow.

    I really want you to take a look at this network: Interlocking directorate - Wikipedia, the free encyclopedia
    Those who can make you believe absurdities can make you commit atrocities.

    Voltaire


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