Depression Finance: How Bonus Compensation Motivated America's Financial Crisis
Paperback
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ISBN10: 1452886326
ISBN13: 9781452886329
Publisher: Createspace
Published: Sep 3 2010
Pages: 76
Weight: 0.19
Height: 0.16 Width: 5.24 Depth: 7.99
Language: English
ISBN13: 9781452886329
Publisher: Createspace
Published: Sep 3 2010
Pages: 76
Weight: 0.19
Height: 0.16 Width: 5.24 Depth: 7.99
Language: English
Bonus gift stock is a zero-sum gain for insiders and a zero-sum loss for stock investors. The book explains that gift stock compensation is a form of equity skimming that amounts to a Ponzi scheme. Executive stock compensation leads to greedy wealth transfers from widows and orphans. These self-dealing transactions meet the criteria of fraud on the market. No rational well informed person would expose their life's savings to such a scam. Higher stock prices translate into maximization of executive gift stock compensation. Bonus compensation in the form of gift stock has transferred over $100 billion into the accounts of executive insiders from the money paid-in by stock investors.
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