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Originally Posted by Brett You left out workers cheat bosses, an oversight im sure...companies are not opened to provide a life for its employees, they are opened to provide income for its owners. |
A truth that has apparently been forgotten by the senior managememnt of many American companies and their Boards of Directors. The high salaries and additional compensation in the form of stock bonuses and stock options, not mention cash bonuses has come at the expense of the shareholders, the true owners of the corporations. The dilution of shareholder equity and the bleeding of funds that could be paid as dividends to shareholders, regardless of managements performance and production of the corporations profits, has seriously undermined the integrity of the American capitalist system. This along with the lack of integrity of the accounting industry have gravely undermined confidence in our capital markets.