Not all executives are sinful, evil parasites that plague our publicly traded companies, squandering precious resources upon consumption of millions of minuscule fractions of rewards called stock options and performance shares of stock. It was not a lot at first, before 1999 it was very rare for a company to repurchase stock. But after 2010, it became an annual contest to see what company would announce the largest plans to spend the shareholders’ cash on what was to become the largest compensation grab of all times, creating a despondent stock market during the time of the most unprecedented profit growth. Could have, would have – should have. It is all water under a bridge, right? But what can be done about it now?
