Bob Nardelli new Chrysler boss

Yes and no. They tend to be run by analysts who simply look at the
bottom line. Plus they may well have a certain sympathetic
relationship to executives who wine and dine them. The fund managers
own huge bonuses often depend more on marketing to new fund
shareholders than minimizing cost for their current fund shareholders.
The mutual funds with 7.5% loads are testaments to that.

Sure that's certainly true for the large investors like Kerkorian.
However, I'm sure that investors like him, used to making many
millions per year, are also sympathetic to multimillion dollar
executive bonuses.

Doug

 

Look what he did to home depot, used to be you went in for something & an
expert that did these things helped you now you get a slaes person that
knows nothing about what might be needed. He got rid of all the good ones &
hired at less salary.