Forum Post: Think bigger
Posted 12 years ago on Nov. 19, 2011, 2:49 p.m. EST by nameless
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Though I agree with your concept, I disagree with your methods. You need to think much bigger. Go after the biggest symbol of greed, excess and arogance in the US, Bank of America. If this many people would organize against BofA, you could quickly take it down. It wouldn't be that hard but you would have to get organized. Collect information on the pay of BofA executives, fees, hidden charges and any other information BofA wouldn't want there customers to know. Print flyers with this info and pass them out to there customers. Move the protest to all the BofA locations. You could actually make a difference and get some much needed respect.
this info. can be obtained in BAC (ticker symbol) latest proxy obtained at the SEC website. It includes the salaries of the C-level corporate officers, as well as bonus determinations, and most importantly stock option grants--that's where companies hide massive compensation. most options are exericisable over 10 year period, cannot be revoked if the executive is fired (per a separate non-public employment agreement, that also includes severance which typically is a year of salary and health benefits). truly once you become a C-level, you are raping the company... your added value is small in relation to the comp. it's a real great deal.
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