Vivid Girl Janine

This last point is the most interesting because for the last few years much has been made of the benefits of aligning the interests of top management with those of shareholders. Or rather, of boiling all the interests of both to one thing: a rising share price.

Vivid Girl Janine

Cynics have all along pointed out that there was little wonder why top executives would bear-hug this particular concept in recent years: Shares were going through the roof all over the place. CEOs wanted a bigger piece of that action. No surprise there.

Vivid girl Janine

Janine, Chasey, Kobe Tai, Racquel Darrian, Kira Kener, Taylor, Christy and Janine .

One of the more interesting and iconoclastic reactions to this trend was a plan championed by James Crowe, founder of the fiber-optic network company Level 3 Communications. Usually, stock options have an exercise price fixed to a particular date, often the date of issue. So if a CEO gets an option on 200,000 shares priced at $10, and shares have risen to $15 by the time the executive is allowed to exercise them, then he or she pockets $1 million. Seems reasonable since the share price rose 50 percent—that executive must be doing a good job. Unless of course the S&P 500 doubled over the same period (remember the bull market?), in which case a 50 percent rise seems like no great favor to shareholders.