Posts tagged as:

CEOs

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If you’re a Canadian investor or you follow the commodities market, you’ve heard of BHP Billiton’s hostile takeover proposal for Saskatchewan’s Potash Corporation of Canada (TSX: POT) last week.
BHP Billiton proposed a buyout of Potash at a price of just $130/share. A price significantly lower than the June 2008 highs above $200/share that we saw [...]

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The “popular” opinion – that is, the one the media reports as being the most commonly held by “regular people” – seems to be that if companies fail us, and then ask for more of our money to stay alive – that the executives at the helm should be forced to undergo a pay cut.  [...]

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Things are getting worse in Canada, too… but thankfully our honest and upright bankers are stepping back when they know they might do well to forgo a bit of their bonuses.  Scotiabank’s CEO lopped off about 2.5 million in his yearly take-home, and Royal Bank’s CEO decided to forgo his stock options for the year.
It’s [...]

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