Boeing faces strike of about 32,000 workers
10-18-2024, 05:03 AM
#181
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Joined APC: Sep 2011
Posts: 4,927
It’s akin to insider trading, IMO. When executives are overwhelmingly compensated in stock options, it really only serves to pump up the stock price at our expense, and their personal benefit.
10-18-2024, 05:41 AM
#182
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Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 40,249
But that's like banning alcohol because some people are bad drunks (been tried actually).
Probably better to regulate the practice to prevent abuse for the specific benefit of a few insiders. Also limit amounts, timing, and maybe managers who hold stock need it to be in a blind trust such that it cannot be used to either manipulate share prices or benefit from manipualtion (there are already some such limits in place, but probably not enough in my layman observation).
10-18-2024, 06:13 AM
#183
Gets Weekends Off
Joined APC: Apr 2022
Posts: 1,210
In the case of large publicly held companies, you can make the case that the practice is too manipulative, which it can very well be on a case by case basis.
But that's like banning alcohol because some people are bad drunks (been tried actually).
Probably better to regulate the practice to prevent abuse for the specific benefit of a few insiders. Also limit amounts, timing, and maybe managers who hold stock need it to be in a blind trust such that it cannot be used to either manipulate share prices or benefit from manipualtion (there are already some such limits in place, but probably not enough in my layman observation).
But that's like banning alcohol because some people are bad drunks (been tried actually).
Probably better to regulate the practice to prevent abuse for the specific benefit of a few insiders. Also limit amounts, timing, and maybe managers who hold stock need it to be in a blind trust such that it cannot be used to either manipulate share prices or benefit from manipualtion (there are already some such limits in place, but probably not enough in my layman observation).
Yeah like a minimum threshold of liquidity and profitability (after employee bonuses too
).
10-19-2024, 08:15 PM
#184
Gets Weekends Off
Joined APC: Mar 2015
Posts: 1,178
https://www.foxbusiness.com/industri...hinists-strike
The International Association of Machinists and Aerospace Workers Local 751 told Reuters that the new package includes a 35% pay hike over four years, a new incentive plan and a $7,000 ratification bonus.
The corporation is also offering employees 12% in 401(k) contributions, plus a one-time contribution of $5,000 to workers' retirement accounts.
.
The International Association of Machinists and Aerospace Workers Local 751 told Reuters that the new package includes a 35% pay hike over four years, a new incentive plan and a $7,000 ratification bonus.
The corporation is also offering employees 12% in 401(k) contributions, plus a one-time contribution of $5,000 to workers' retirement accounts.
.
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