What do you infer of CEO severance earnings?
So we all know that CEO's put together a TON of money through various ways (some where on earth legality can be question, Steve Jobs comes to mind) but my question is essentially when a CEO have done a bad opportunity and gets a severance carton worth millions and possibly 100's of millions what do you think of this?Answers: I deduce that the CEO gets to resolve what the CEO's severence pay is.
If you be CEO, would you make your severence recompense larger or smaller?
If you are a shareholder and feel that the CEO's severance repay is too large, construct an issue of it. If he has the majority interest and is the overriding shareholder, the Board of Directors will help barb his nest. My personal opinion is too heaps companies have given CEOs too much. However, Boards of Directors aren't necessarily the brightest bulbs within the package.
Is it okay for the HR person in a company to fraternize with employees?
Answers: So long as they maintain their objectivity...it shouldn't be an issue.
Human Resource person, like fraternize as go out to lunch, or a party, dancing. I think a line should be drawn somewhere if this person is responsible for hiring firing or promotions.
I mean most people that work in a place of employment have some realtionship going on. So if it's just going out to lunch or something I don't see a problem, or normal conversations.
If there is a dating situation that often happens at work it could be a problem.
Depends where you work, if it's walmart then the rule is no.
Mgrs can only date mgrs,supervisors can only date supervisors..etc etc and vice versa.
Only if she is really good looking.
he/she is still a coworker - why would they be any different from anyone else - are other employees allowed to fraternize with you?
What does Bank of America's acquirement of Countrywide Financial miserable to those at risk of foreclosure?
Bank of America said Friday it will buy Countrywide Financial for $4.1 billion in stock, a concordat that rescues the country's biggest mortgage lender and expands the financial services empire of the nation's largest consumer bank.Bank of America said it initially plans to operate Countrywide separately underneath the Countrywide brand, with integration occurring no sooner than 2009.
http://news.yahoo.com/s/nm/20080111/bs_n...
What does this tight for those who are risk of foreclosure or have huge interest rates due to adjustable rate mortgages offered by Countrywide?
Answers: Nothing at adjectives. A potential acquisition would relief the market, because it would show that a extremely sophisticated investor, like BoA, see that the rewards of owning CountryWide would outwieght the risk of foreclosures. This type of risk taking, especially by a relatively risk-averse player, would be an indicator that foreclosures are expected to decrease. However, at the individual home-owner rank, nothing would adapt. When you get a mortgage, the contract say that your mortgage may be bought and sold and that the originator may not be the one servicing the loan in the adjectives. In effect, BoA buys the rights to collect your mortgage dollars.
BofA acquiring Countrywide vehicle that CW's operations have been save from running out of money. Combo of bad investments, the drying up of wherewithal to make trial loans, and the drying up of customers to give loans to due to fruitless credit and falling home values affecting home equity, all these are alleviated by BofA's own assets.
Those at risk of foreclosure, undesirably, are still at risk. Doesn't change the certainty that those borrowers are under river and failing fast. Those w/ huge interest rates still hold Countrywide as an option to refi, if they qualify.
In a sense, this achievement maintains the status quo. The damp squib of a company the size of Countrywide would've been catastrophic, however.
It will hold no affect.
I anticipate BofA stock will skyrocket as they will be acquring all those trust deeds and foreclosed homes, and they are not paying for it next to money, but with stock!