August 15, 2009
This is the best proposal I have heard in a long time.
Imagine allowing supposed company owners ( stock owners) the right to nominate people for the boards.
For to long the board room has been closed.
If passed - this will provide a reason to have a long term commitment in companies - not the quarter to quarter returns with today's CEO's who Lie, cheat, and give themselves massive options /salaries - with the approval of the individually picked boards. Then run and dump the stocks - all at the expense of the individual investor.
Please make this a reality. And not the wait and wait and wait attitude of previous SEC actions.
This country was based on the concepts of Honesty, Trust, and belief in GOD fairness . The present rules are devised to steal from the poor and give to the rich. Adapt this proposal NOW