longball38884 Wrote:
Apr 30, 2012 12:42 PM
The investors got the shaft when they started paying executives multi-millions in the mid 80's. I knew the retired VP in charge of production for the Pontiac motor division. He retired in 1984, his top salary had been $175k. By 1988, his replacement was earning $6 million. And he was LIVID. He was a big stock holder and had no qualms about how robbed he felt.