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<P><FONT face=Arial size=2><SPAN class=064425021-18012006>The article describes
how CEO's are taking from the workers to fatten their own retirements. I am sure
that most all of the folk on this exchange would expect as much but I wonder
what the long range repercussions are going to be for industry in America. The
article demonstrates that the CEO can do things to increase profits, such as
freeze pension plans or sell of a plant, and that gives them the green light
from shareholders to lavish themselves with rewards. </SPAN></FONT></P>
<P><FONT face=Arial size=2><SPAN class=064425021-18012006>I can't help but think
that the long run outlook for these industries isn't good. Whenever (in business
or not) liquidation of assets becomes a primary means for a company to increase
profits, I'd say that business is not long for the market. The same problem
exists for the mergers that occur on a daily basis. so many of these mergers are
simply buy - cannibalize - then sell activities that in the long run our
industries will be weakened.</SPAN></FONT></P>
<P><FONT face=Arial size=2><SPAN class=064425021-18012006>I predict a major
crash within three years. I also predict a very long, slow
recovery.</SPAN></FONT></P>
<P><FONT face=Arial><FONT size=2><FONT><SPAN class=064425021-18012006>I don't
know crap about the corporate world but I do have some ideas about what is plain
stupid. For shareholders to continue</SPAN></FONT> <SPAN
class=064425021-18012006>allowing these unscrupulous</SPAN> <SPAN
class=064425021-18012006>CEO's to destroy their investment is about as stupid as
it gets. </SPAN></FONT></FONT></P>
<P><FONT face=Arial><FONT size=2><SPAN
class=064425021-18012006></SPAN></FONT></FONT> </P>
<P><FONT face=Arial><FONT size=2><SPAN
class=064425021-18012006></SPAN></FONT></FONT><A
href="http://moneycentral.msn.com/content/P139870.asp"><FONT face=Arial
size=2>http://moneycentral.msn.com/content/P139870.asp</FONT></A> </P>
<P><FONT face=Arial size=2></FONT> </P>
<P><SPAN class=064425021-18012006><FONT face=Arial size=2>James
Reynolds</FONT></SPAN></P>
<P><SPAN class=064425021-18012006><FONT face=Arial
size=2>Moscow</FONT></SPAN></P></BODY></HTML>