Big oil profits

Happy Monkey · 02-12-2007, 04:01 PM

A finite lifespan, perhaps, but less finite than the terms of the current CEOs.

xoxoxoBruce · 02-12-2007, 09:15 PM

The current CEOs have to please the wall street wolves, especially the fund managers, every damn quarter. If Wall Street is displeased, the stock goes down and along with it, the CEO's pay goes down. Long range plans are six months and play second fiddle to this quarter's plans.

Consequently, there is no corporate leadership worrying about the long term health of the company......or the country.

Griff · 02-13-2007, 06:34 AM

BP said they were going in that direction.

02-12-2007, 04:01 PM	#1
Happy Monkey I think this line's mostly filler. Join Date: Jan 2003 Location: DC Posts: 13,575	A finite lifespan, perhaps, but less finite than the terms of the current CEOs. __________________ _________________ \|...............\| We live in the nick of times. \| Len 17, Wid 3 \| \|_______________\| [pics]

02-12-2007, 09:15 PM	#2
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	The current CEOs have to please the wall street wolves, especially the fund managers, every damn quarter. If Wall Street is displeased, the stock goes down and along with it, the CEO's pay goes down. Long range plans are six months and play second fiddle to this quarter's plans. Consequently, there is no corporate leadership worrying about the long term health of the company......or the country. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

02-13-2007, 06:34 AM	#3
Griff still says videotape Join Date: Feb 2001 Posts: 26,813	BP said they were going in that direction. __________________ If you would only recognize that life is hard, things would be so much easier for you. - Louis D. Brandeis

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)