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9/11 Profiteers

Discussion in 'Political Discussion' started by Patters, Jul 16, 2006.

  1. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    This is from RawStory, a legitimate left wing site, quoting from a Wall Street Journal story:

    The paper asks, "Did companies take unseemly advantage of a national tragedy?"

    "A review of Standard & Poor's ExecuComp data for 1,800 leading companies indicates that from Sept. 17, 2001, through the end of the month, 511 top executives at 186 of these companies got stock-option grants," reports the Wall Street Journal.

    One former stock-option-committee member for a Michigan firm defends the giveaways to the Wall Street Journal.

    "If you believe the company is going to do well, and here is an external event that is affecting the market and you've made a decision to reward executives, you go ahead with it," John Lillard told the Wall Street Journal.

    "Life goes on," Lillard added.

    http://www.rawstory.com/news/2006/WSJ_After_911_as_stocks_sank_0715.html

    ***

    Conservative "Christians" would rather go after gays then actually be vocal about something that Jesus Christ himself talked about: avarice. While the companies may have acted legally, I believe they acted immorally.
     

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