I think it's a morale killer when you see it disclosed at some of these companies.
More Quotes from Patrick McGurn:
Sovereign has a lot of bridges to build with institutional investors. It's going to take time to repair their image.Patrick McGurn
We felt the primary problem at this company was with the cash bonus program.
Patrick McGurn
Very few educational institutions have filed corporate governance or social responsibility proxy proposals at publicly traded companies in recent years. The reason for this is not clearalthough the general decline in campus protest efforts is sometimes cited as the cause.
Patrick McGurn
When Warren is gone, the market will start demanding coverage. People will want a lot deeper level of analysis.
Patrick McGurn
Time Warner is pulling out the heavy guns, there's no doubt they are taking this seriously. This counter-point situation is quite similar to a political campaign, where both sides have a war room. One side is lining out a strategy and the other is responding.
Patrick McGurn
This is not a right-left, Republican-Democrat, man-woman, old-young issue. Everybody thinks, with some very limited exceptions, that CEOs are overpaid, and because of that, shareholders aren't getting adequate bang for their buck.
Patrick McGurn
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