Make your own free website on Tripod.com
Recommended Resources
Cyberhaven.com Offshore havens, asset protection, global investing and other useful techniques.
The Year 2000 Bookshelf Books to help your evaluate the Y2K problems you face.

Gary North's Y2K Links and Forums - Mirror

Summary and Comments

(feel free to mail this page)


Category: 

Stock_Market

Date: 

1998-06-10 09:12:39

Subject: 

Freeze Stock Options, Bonuses until 2001

  Link:

http://www.y2ktimebomb.com/International/jboi9823.htm

Comment: 

Now here's a rational suggestion. All corporations should freeze senior executives' bonuses and stock options until 2001. If their companies don't survive or lose lots of money, the executives' payment is forfeit. This would prevent the "rats depart from the sinking ship" phenomenon which will be widespread in 1999.

As John Wayne used to say, "That'll be the day."

This is posted on Westergaard's site. Joe Boivin is the originator.

* * * * * * * * * *

All bonus money, stock options, or merger benefits for senior executives should be placed in escrow until the end of 2000. If as a result of negligence in proactive management their respective organizations suffer business losses due to insufficient Year 2000 efforts, these monies should be considered forfeit. Our society rewards short-term achievement in a way that can threaten our long-term survival.

Link: 

http://www.y2ktimebomb.com/International/jboi9823.htm

Return to Category: Stock_Market

Return to Main Categories

Return to Home Page