Word: stocked
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Dates: during 2000-2009
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Disgruntled shareholders have been taking a tougher and more vocal stand against company directors in 2009 over issues ranging from frothy executive pay packages to company stock performance, according to a new study. And experts believe this trend could fuel efforts by Congress and the Securities and Exchange Commission (SEC) to bring in changes to corporate-governance rules...
Plummeting stock prices and anger over lofty compensation packages drove the trend. "When stocks start to go down and you see executives getting very big paychecks, that's when people get angry," says Dean Baker, co-director of the Center for Economic and Policy Research, a Washington think tank...
Indeed, about 60% of the directors facing the biggest opposition from voting shareholders were those who sat on compensation committees, Fenn noted. (Read "Why the Stock Market Looks Bullish for Autumn...
...past year, but its ranks of investment bankers have fallen by a slightly steeper 10%. And in underwriting, a key investment-banking business, Morgan has continued to lose ground. Through the first six months of this year, Morgan ranked as the sixth largest underwriter of stock and bond offerings, down from fourth two years...
...talk most about the challenges of staying at home - as a family - for days on end. "It sounds real easy, but that's not the way it works," says his father. "I hated it when I was doing it," says Hayden. "I was inside for like three weeks straight." Stock up on games, movies, books and extreme levels of tolerance. Sometimes the gravest threats are the ones we know all too well...