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Did you know Meg Whitman was CEO of ebay? Did you know Meg Whitman was CEO of ebay?

09-28-2010 , 01:48 AM
Quote:
Originally Posted by Effen
you left it open too

tremendous

Another one should be banned
09-28-2010 , 01:51 AM
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Originally Posted by Barretboy
Do you understand how stock options work? If the price stayed the same, she would never have exercised the options.
She want to see her actual dates. But I suspect she got options at the lows and sold them at the high volatility. The stock in the end nver moved. Dozens of CEOs have been placed in jail for backdating options, 100s more don't get caught.
09-28-2010 , 01:52 AM
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Originally Posted by ShttsWeak
It's funny that you picked her of all people. I know you only did because she's running but in terms of revenue growth,ebay was the fastest growing company ever to exist.
The problem is she not with her performance, it her gaining so much money from stock options on a stock that did not move price.
09-28-2010 , 02:39 AM
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Originally Posted by steelhouse
What wasn't this guy given a warning.
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Originally Posted by steelhouse
Why wasnt this guy banned? He wrote the faq on rules of the site.
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Originally Posted by steelhouse
Dont respond to my post but why arent you banned
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Originally Posted by steelhouse
Another one should be banned
Nominee for ban, imo
09-28-2010 , 03:16 AM
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Originally Posted by The 13th 4postle
This.
I saw the movie Wall Street today. I think is term is moral hazard. Meg Whitman and the employees of EBAY should return all the money she made from options after May of 1999 to get your vote. There is no corruption. She received all the benefits of the options, but held none of the risk. The stock holders held the risk. Employees should own stock only from that which they bought with their own money on the open market. CEOs should be paid from improving their company and issuing dividends so all shareholders can can benefit from their partial ownership in the company. CEOs should get no salary or options from the company they work for but make their money from stock appreciation from shares they bought owned or were given.
09-28-2010 , 03:47 AM
I'm sure her compensation was set contractually. She has no reason to give anything back.
09-28-2010 , 04:17 AM
At the risk of being the only one posting a serious answer: look it up yourself at EDGAR.
09-28-2010 , 05:42 AM
Quote:
Originally Posted by steelhouse
She received all the benefits of the options, but held none of the risk.
That's how call options work. There are downsides to them (such as encouraging high variance decisions), but the fact that they're commonly issued implies these problems are outweighed by the benefits. (They do have tax advantages, though, so perhaps you should campaign against them instead).
09-28-2010 , 06:33 AM
Quote:
Originally Posted by Nichlemn
That's how call options work. There are downsides to them (such as encouraging high variance decisions), but the fact that they're commonly issued implies these problems are outweighed by the benefits. (They do have tax advantages, though, so perhaps you should campaign against them instead).
Tax advantages, so they even get a tax break for using them. How about this why not this eliminate the tax break. What work will Meg Whitman, Carly Fiorina do to eliminate this tax break? I got this from stockoptionstax.com, "The incentive stock options which are granted the tax break allow any profits to be taxed at a long term capital gains rate rather than the standard ordinary income rate, leading to a substantial savings." another scam and you want to put scammers like this in government. I also notice the $52 billion excessive tax break for corporations option deductions. scam after scam after scam.

Consider the dozens of ceos in jail for backdating options. All the tax dodges, and the ripoff of shareholders how can you vote for anyone that supports these options. And support things that boost these options, deficit spending and dividend cuts.
09-28-2010 , 06:35 AM
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Originally Posted by JayTeeMe
I'm sure her compensation was set contractually. She has no reason to give anything back.
Nothing contractually, but moral hazard yes. I have no contract to vote for her either.
09-28-2010 , 06:52 AM
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Originally Posted by Brons
At the risk of being the only one posting a serious answer: look it up yourself at EDGAR.
Thanks for the post, I will try to put something together. however you should be banned too "At the risk of being the only one posting a serious answer". What is that donk.
09-28-2010 , 07:20 AM
I don't understand what your beef is with this one particular person and her theoretical stock options (do we even know the terms of any contract she has?). Also, back-dating stock options would be the first thing an auditor would look for when testing stock based compensation. It's pretty easy to determine if someone has backdated an option based on looking at board minutes.
09-28-2010 , 07:36 AM
OP should change his name to Brickhouse so we have a theme song to play every time he starts a crappy thread.
09-28-2010 , 09:42 AM
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Originally Posted by 2/325Falcon
OP should change his name to Brickhouse so we have a theme song to play every time he starts a crappy thread.
Falcon 4 admin just to make this happen
09-28-2010 , 09:42 AM
Quote:
Originally Posted by steelhouse
The problem is she not with her performance, it her gaining so much money from stock options on a stock that did not move price.
Who is this a "problem" for, exactly? Are you an ebay shareholder?
09-28-2010 , 01:32 PM
Quote:
Originally Posted by pvn
Who is this a "problem" for, exactly? Are you an ebay shareholder?
These people support a large national deficit so their stock will rise due to inflation. For example if gold rises from $300 per ounce to $1000 per ounce, the fees ebay collects will rise too. Thus, ebay stock will rise too. If the stock rises from say $30 to $100 over the decade due to inflation, option holders can gain tons of money off that. The public loses with all the coins they have in the house. If the public puts the money in the bank they lose with the 1% interest rates. If the public puts money in gold, we lose to capital gains taxes.
09-28-2010 , 01:34 PM
Quote:
Originally Posted by pvn
Falcon 4 admin just to make this happen
Inducing mob behavior. Follow the herd. banned.
09-28-2010 , 01:42 PM
Quote:
Originally Posted by Nichlemn
That's how call options work. There are downsides to them (such as encouraging high variance decisions), but the fact that they're commonly issued implies these problems are outweighed by the benefits. (They do have tax advantages, though, so perhaps you should campaign against them instead).
A lot of the rules and advantages have changed recently. A lot of companies have dropped options in favor of stock grants in response to this.
09-28-2010 , 01:45 PM
Quote:
Originally Posted by steelhouse
These people support a large national deficit so their stock will rise due to inflation. For example if gold rises from $300 per ounce to $1000 per ounce, the fees ebay collects will rise too. Thus, ebay stock will rise too. If the stock rises from say $30 to $100 over the decade due to inflation, option holders can gain tons of money off that. The public loses with all the coins they have in the house. If the public puts the money in the bank they lose with the 1% interest rates. If the public puts money in gold, we lose to capital gains taxes.
Please don't take offense, but this might be the most asinine thing I've ever heard in my entire life. No offense.
09-28-2010 , 01:47 PM
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Originally Posted by pvn
Falcon 4 admin just to make this happen
I never thought I'd put this to a pvn post, but +1
09-28-2010 , 01:48 PM
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Originally Posted by Barretboy
Please don't take offense, but this might be the most asinine thing I've ever heard in my entire life. No offense.
You obviously are unfamilar with steelhouseconimics where if the national debt ever gets to $1, you can buy a trillion ounces of gold for $5.
09-28-2010 , 02:27 PM
rename thread to ***Official Steelhouse Containment Thread***

pre emptive ban for me obv

ok that added absolutely nothing so here: Why do you think the governement should regulate or ban things one considers immoral? If they did in a blanket fashion, can you see this ever being a problem?
09-28-2010 , 02:52 PM
Quote:
Originally Posted by steelhouse
I saw the movie Wall Street today. I think is term is moral hazard. Meg Whitman and the employees of EBAY should return all the money she made from options after May of 1999 to get your vote. There is no corruption. She received all the benefits of the options, but held none of the risk. The stock holders held the risk. Employees should own stock only from that which they bought with their own money on the open market. CEOs should be paid from improving their company and issuing dividends so all shareholders can can benefit from their partial ownership in the company. CEOs should get no salary or options from the company they work for but make their money from stock appreciation from shares they bought owned or were given.
So CEOs should receive no salary or stock options, and they should make money from shares they bought themselves? That's the same as no compensation at all.
09-28-2010 , 04:10 PM
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Originally Posted by TomCollins
You obviously are unfamilar with steelhouseconimics where if the national debt ever gets to $1, you can buy a trillion ounces of gold for $5.
I did not say that. I said if the national debt gets to $1 if you add all the counterfeiting and all the original money supply and you include the money supply the fed may have added via buying things other than us debt. Gold will go to the price of the original price of gold what was that $20 an ounce. Silver would go to about $1 an ounce.

Just remember the greenest thing you can do is have an abortion. The topic is Meg Whitman and stock option corruption.
09-28-2010 , 04:15 PM
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Originally Posted by bobman0330
So CEOs should receive no salary or stock options, and they should make money from shares they bought themselves? That's the same as no compensation at all.
There is one stock that does this today. Eddie Lampert the CEO of SHLD receives no compensation and no stock options. He makes his money from the appreciation of SHLD stock so all shareholders can benefit. BTW, doing so with AN, AZO, and SHLD has one of the highest returns of any money manager 30% a year.

It is not the same as no compensation, they obtain their income by increasing the value of their business - the stock.

disclosure: own AZO and SHLD.

Last edited by steelhouse; 09-28-2010 at 04:41 PM.

      
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