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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

04/25/16 at 12:48 PM CDT

 

 

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Sentiment:

Neutral

OT - Let them eat.....

The Jester Accountability Index slid another 3% - A study was done for the 100 biggest companies in America, using their proxy statements, found that CEO compensation rose 3% to average of $14.5 mil, despite poor company performance y/o/y (as in the energy sector, for example.)

I did not see data on this, but I'm quite certain that if one looke at employee compensation, it certainly didn't rise 3% as well. Well, as Marie Antoinette said, "Qu'lls mangent de la ......McDonalds"

Also, as per 'Ballmer's gift' - read a story about a (start-up, I think) cell phone maker that just moved its operations to Finland, and they already have the concept and a plan in mind.  More 'makers' means potentially more competition for  NOK, if I've got it right that they plan to get into that hardware space, altho I expect this start up is not a terrible threat, given its size.

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