What caused such "dangerous" income inequality?

OK....I understand your need to attempt to hold your own against me and in this case your attempts to feign ignorance or perhaps you simply are too far down the later to understand what REALLY GOES ON....is why you keep posting to me PRETENDING....that you don't understand my description of exactly what a PROXY STOCK HOLDER is....and Honey.....a kid in 9th grade could understand what one is given my VERY specific description and explanation.

And yes....as far as what is legal....there is not supposed to exist PROXY STOCK HOLDERS....but they do exist in VAST NUMBERS!!!

Now....perhaps you could explain to the membership and specifically those members who would not understand the term....SELL SHORT....and why Company Officers who control vast amounts of company stock both legally and illegally.....would want to be able to sell such stock and then SELL SHORT before a SELLING FRENZY of that companies stock began and the stock was rendered almost worthless?

Explain to members THAT....and I will let you off the hook.

AboveAlpha

 

Stock options are a popular way for companies to attract key employees. They are the next best thing to share ownership. Employees are motivated to add value to their companies in the same way that founder/owners are. Options are also a key part of a compensation package. In larger companies, options contribute substantially – often many times the salary portion – to income. In a recent survey of executive compensation (see www.vancouversun.com/execpay), the top 100 BC-based public company executives all earned over $1 million in 2009 income. However, only 5 of them received base salaries over $1 million. Most of the compensation came from stock options – no wonder the CRA (Canada Revenue Agency) wants to tax them!

AboveAlpha

 

They’re back!

On the heels of the debaucherous tale of excess “The Wolf of Wall Street,” mega-bonuses in the financial services industry are making a comeback.

In fact, a total of $26.7 billion was paid out in cash bonuses in 2013—a jump of 15% over the previous year, according to a report based on personal income tax trends conducted by New York State Comptroller Thomas DiNapoli. That works out to an average of about $164,530 per Wall Streeter. (And doesn’t include other forms of compensation, like stock options.)

LINK....http://www.learnvest.com/2014/03/wall-street-mega-bonuses-are-back-123/

AboveAlpha

 

Although Wall Street TERMINOLOGY tends to refer to Bonuses as Cash....Wall Street in reality circumvents taxation of Executive Bonuses by giving them STOCK OPTIONS instead.

The methodology of the system of circumventing the law and the IRS is so brilliant and so complex it allows the very best Executives or at least the people who's NAMES are most well known....to make Multiples of Millions TAX FREE...but then manipulate the system that would make even the DRUG CARTELS envious in order for Wall Street to take your money....and place it in their FRIENDS...pocket....that pocket just being rented.

AboveAlpha

 

I'm sorry. Is this YOUR description of what a 'proxy stockholder' is?

I don't know what you think a certificate of stock is but a stock certificate is merely a legal document that certifies your ownership and the number of shares you have in the company.

Essentially, people who own stocks in name only, are still shareholders. I don't know how you can become a Proxy Shareholder. That is something new to me, and I'm sure most people in the investment community.

Yeah, I'm sure if they're 'owners in name only' then they do exist in vast numbers...

First of all its short sell, not sell short...

Secondly, if you're going to short sell, then you're going to sell an asset you don't own.

Third, you cannot short sell an asset without an owners' permission. You don't own the asset.

Finally, why would anyone want to sell their assets and the short sell the same assets they've previously owned. You've already made the realised gains by selling your assets.

The only person here who is actually dumb enough to believe your made up story is possible and feasible is you. The only reason I entertain your nonsense is to make a fool out of you... This already doesn't require much effort.

 

Bonuses are a combination of cash incentives and equities such as stock options. There is nothing to circumvent. You're taxed on the capital gain of the option as well.

I'm sure you have better things to do with your time than pretending you understand finance. Why not just leave the intelligent conversation to the adults... Whatever adults are actually left here.

 

There's not much that can be done to help people who are unwilling to help themselves. Their are private programs out there that take people in bad situations and try to help them, but even then, you can't just keep giving people free money. Its not endless. Look at how well that works with the govt. Give people money to help out if they have a kid and what do they do....have MORE kids to get MORE money instead of using 2 brain cells and realizing having MORE kids when you're unemployed is not a good idea. There will ALWAYS be the have nots when you have people like that.

 

WOW!!

You really enjoy pretending that improprieties don't occur! LOL!!!

How is it you can call yourself Wall Street Vixen and not know that STOCK PRICE MANIPULATION has been the name of the game for decades and that is what has gotten us into this current MESS!!!???

If say....20 Executives own 30% to 51% of a large corporation and they have RICH CLOSE FRIENDS...AH...the MARTHA STEWART INCIDENT is an example although not a large sum of money compared to BILLIONS being manipulated in other cases no one ever hears about...but adequate for this explanation.

Martha...get's a CALL...from a Company Executive....and the Exec say's...Hey...THE GIGS UP!! We are selling...you sell too!!

She does...the Executives sell...all their rich friends...some who own this companies stock in name but the money to purchase the stock came from the Executive Officers....THEY SELL....employees get screwed....public get's screwed...etc.

OH...but hey...you work in the Mail room.

AboveAlpha

- - - Updated - - -

Honey...if you were INTELLIGENT....I would not have to be teaching you this now.

AboveAlpha

 

Could not agree with you more. So maybe our AG should get off his ass and do something about it instead of the noting he's been doing since he got into office. Don't look for his boss to be effective either.

 

They won't do anything about it because they are PAID not to.

Such payment comes in many ways and many forms...none that can be traced.

AboveAlpha

 

OH...I forgot! VIX....remember when you stated NO ONE GIVES OUT STOCK OPTIONS AS BONUSES OR PAY ANYMORE???

Clearly they do.

In fact, a total of $26.7 billion was paid out in cash bonuses in 2013—a jump of 15% over the previous year, according to a report based on personal income tax trends conducted by New York State Comptroller Thomas DiNapoli. That works out to an average of about $164,530 per Wall Streeter. (And doesn’t include other forms of compensation, like stock options.)

LINK....http://www.learnvest.com/2014/03/wal...-are-back-123/

AboveAlpha

 

You know....my Team and I are leaving for the Middle East...again...do do a JOB.

Because of what I do I have a very deep and unfettered view and understanding how things really work...and that is why I am..."CIVILIAN"...in the manner the quotes denote even if I do lead a Team of members of the U.S. Military.

When you are Military....you are at the mercy of the Politician's and the EXTREMELY WEALTHY....who own them.

Myself...as a..."CIVILIAN"....cannot be forced, bought, persuaded, induced...etc...to do things and as I and the Members and Leadership of the U.S. Military have an understanding....I WON'T SELL THEM OUT AND GET THEM KILLED.....and....THEY HAVE MY BACK....such Politician's and those that own them....are scared S#!TLESS of me.

AboveAlpha

 

Not true. Income inequality doesn't hurt anyone and the poor do count.

 

True dat!

They are outrageously taxed on the capital gains.

 

Sounds like you had some rough time dude. I bailed the stock market years ago. Never made it big, it's just not my cup of tea.

 

read an article in the net bout it, it talked bout the loss in non-renewable resources but i personally believe that its because of the population explosion and lack of education..you can also check dis site for the said article.. daawn.com

 

There are only a few ways to manipulate a stock price, successfully... These techniques aren't close to anything you are describing.

Um, no. The Martha Stewart incident isn't anything close to what your example is, and it isn't even an example of stock manipulation. It's an example of insider trading, which it was, considering Martha Stewart's broker received an insider tip that a Biochemical company Stewart had direct exposure to had a drug which was rejected by the FDA. The stocks of the company collapsed because of the news that a very promising drug didn't pass the trial phase of the FDA drug testing procedure. Not because Martha Stewart decided to sell her shares.

Aside from not being able to get your stories straight, you can't even understand basic history. That's some type of talent there.

What exactly are you teaching me again? I'm the only one doing the educating around here...

All you've manage to do was embarrass yourself. But why don't you tell me how a proxy shareholder works, again. I think the forum needs another laugh.

 

That's nice, except for the fact that I never claimed that people don't receive stock options as a part of bonuses.

Then again, if you don't understand the difference between a stock and a employee stock option, then this comment probably flew right over your head. You can Google all the information you'd like to make yourself someone knowledgable, but I'm already trained and educated in this field. If you choose to continue these antics, it's not going to look good for you.

 

No. It's because Bush created an un-level playing field because he is a closet racist.

 

Ahahahahah.

Are you trying to be sarcastic? If you were serious, let me laugh even harder!

 

Review my history and tell me if you think I'm serious or not.

 

It was not me that got SCREWED....it was several friends of mine that were employees of JDS.

I knew what was going on and watched those Corporate SOB's and their Proxies carefully....and I got out....and as I bought the stock cheap and it split over and over again....even though I waited perhaps 1 day too long to sell...I still made a huge sum of money over a short period of time.

My friends who had Stock Options in the company as part of their Retirement Plans....watched as in one friends case....$1.7 Million in stock....plunged to practically NOTHING!!

His wife divorced him shortly after and in that same year 5 months later he dies of an unknown and undiagnosed heart condition.

AboveAlpha

 

I'm still trying to figure out why it's "dangerous" for those who have the desire and talent to earn more money than the less driven and or talented?

 

If you ACTUALLY BELIEVE....that MARTHA STEWART....was not DIRECTLY CONTACTED by an Executive Officer of that Corp.you are more gullible than I would have thought!!

Since I can see you simply are not in the LOOP...as to be in the LOOP....you either have to be a person of EXTREME WEALTH....or a CELEBRITY of Moderate Wealth as in the world of CORPORATE STOCKS....STOCK BROKERS....THE EXTREMELY WEALTHY be they CELEBRITIES OR NOT....and PROXIES....this is how it goes...all of it very illegal but almost impossible to prosecute.

A rising company goes PUBLIC....and they want as much BUZZ and talk going on about their Stocks IPO...Initial Public Offering....as possible.

Thus the game is played as such.

The Corporate Executives PAY...PAY....certain CELEBRITIES...to purchase their Stock and the deal usually is...YOU PURCHASE $2 Million worth of stock IPO day....we guarantee your $2 Million by placing $2 Million in an off shore account.

If the stock falls....you keep your money in....if it rises....you put in another $3 Million within a WEEK.

This is all accompanied by a PR PLAN TO END ALL PR PLANS!

The idea and an example of this is BERNIE MADOFF....and although Madoff was basically matching up the Rick and Wealthy Celebrities to stocks he said would be in thier best interests to buy....Bernie Madoff had an entire CELEBRITY SALES FORCE on his payroll as these Celebrities would in turn get other wealthy celebrities to give them their money...LINK...http://forward.com/articles/202123/bernie-madoffs-sons-created-m-shell-accounts-t/

The star prosecution witness began testifying days before Dec. 11's five-year anniversary of the scam's collapse. The implosion of the world's largest Ponzi scheme racked up more than $17.3 billion in losses for thousands of charities, celebrities, ordinary investors and financial funds. Roughly $11.8 billion has been recovered by investigators

LINK....http://www.usatoday.com/story/money/business/2013/12/07/madoff-sweated-scam-details/3890069/

But Preet Bharara, the U.S. Attorney for the Southern District of New York has been determined to change that. He has helped lead a crackdown that, since August 2009, has resulted in 90 defendants being charged with insider trading. Eighty-four individuals have been convicted or pled guilty to crimes, an impressive record for a prosecutor.

LINK...http://fortune.com/2014/07/07/matthew-kluger-talks/

The PLAN....is still the same today.

The Executives hire a Firm to get Celebrities on the payroll as if there is ONE CONSTANT WITH THOSE WHO ARE WEALTHY AND VAIN....if someone else has it and say's it's great....THEY HAVE TO HAVE IT TOO!!!

Your naivete is amazing!!!

AboveAlpha

 

Where is your proof that she was, other than your ignorant say so?

You're not making any sense.

Is this what you are now attempting to prove? The Executives pay celebrities to purchase their stocks so they can become richer? Because none of your sources proves any of that taking place...

It's almost as if you had zero clue as to what you are talking about.

Not as amazing as the lengths you are taking in proving your point... whatever that might have been.