Lowering pay lowers companies’ expenses so they can report bigger profits in their quarterly an annual financial statements. The challenge with government-mandated compensation restriction is that executives and boards of directors believe …. The difference was stolen by her government in order have the money to bail-outs, cash-for-clunkers, and other “spread the wealth” nonsense. Flexo: It ain’t personal – just one of my hot buttons ;-). UN:F [1.7.2_963]. please wait
Continue reading about Pay Czar Ordering Bailed Out Companies to Reduce Pay – Consumerism …
BB&T is going to reduce the size of its dividend as to repay the federal government’s investment in the company under TARP. BB&T also will issue $1.5 billion of common stock to be paired with other funds to repay all preferred stock and warrants held by … Bank of America Corp. plans to sell 1.25 billion shares through a so-called at-the- market transaction , which enables the giant lender to issue new common stock from time to time, when the market is most receptive. …
Continue reading about U.S. banks are going to sell common shares | Ecommerce Journal …
