# Occupy Wallstreet

**URL:** <https://forums.speedlife.net/t/occupy-wallstreet/260647>\
**Category:** Shift518 Off Topic\
**Created:** [September 29, 2011, 12:57pm UTC](https://forums.speedlife.net/t/occupy-wallstreet/260647 "2011-09-29T12:57:52Z")\
**Posts on this page:** 1\
**Showing post:** 102

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**Author:** ![Cossey](https://avatars.discourse-cdn.com/v4/letter/c/3ec8ea/32.png) [@Cossey](https://forums.speedlife.net/u/Cossey)\
**Post date:** [October 6, 2011, 2:36pm UTC](https://forums.speedlife.net/t/occupy-wallstreet/260647/102 "2011-10-06T14:36:39Z")

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> [@Good Programs to download(Windows)](https://forums.speedlife.net/t/good-programs-to-download-windows/45760/5):
>
> I understand that fact well, but why they are retarded and don’t have a performance clause in the damn contract is beyond me.
> 
> If companies are really owned by share holders, there is no share holder that agrees with a contract giving a huge severance **packadadge** to CEO’s that drive their stock and money into the ground.

First and foremost… WHAT THE FUCK is that word in bold?

Second, SOME companies are owned by shareholders, some are privately owned. The shareholders are the ones who elect board members who are the ones who decide on CEO, CFO, etc… It’s not uncommon for the CEO to be one the board as well as a shareholder. Each tiny shareholder doesn’t have a say realistically. Usually, it is set up as a vote by proxy where one person can represent them in the case of voting. The shareholders do not decide who gets paid how much and such. The board does.

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