Page 28 - Shareholder Value News Today

Foreign relations committee. senator coons, what do we look to hear from rex tillerson today and especially given this explosive report that is so unconfirmed, its knots even funny, but its out there. it might perhaps make your questions on russia even sharper if its possible. what are you looking for specifically on russia to hear from rex tillerson? >> mika, i was initially alarmed when rex tillerson was announced as the nominee for secretary of state given his long, close working relationship...

For rex tillerson to prove himself as a moderating force on foreign policy or is this a whole new world were in where youre questioning someone whos a nominee for a critical position and they just might not see eye to eye with the man theyre going to serve? >> well, chris, i think its more the latter. mr. tillerson and i had an hour and a half meeting last week. as i read into his record, he had answers for me on my core questions about whether he understands the difference between being ceo of ...

In places like the arctic ocean and trying to expand your shareholder value across the globe, youre not really doing your job, are you? >> well, look, i think thats one way of looking at it, the other way of looking at it is what are you doing that would potentially increase the power and influence of somebody like a vladimir putin who as john mccain said in your interview with him earlier is a thug and murderer and has a goal, expansion and restoration of the old soviet order, you have to balan...

Suit. >> youve also got the raw question of companies making economic decisions as greg rightly points out on the basis of shareholder value. of what makes commercial sense. >> trump did it himself. he makes his clothes and other products abroad because it was chiefer. >> we are all men and women of the world. companies like boeing that would be considered strategically vital to the u.s. economy where maybe things have to be done slightly differently. youre talking about a smaller air conditioni...

Unfunded subsequently by congress. thats where we need more systemic focus. the second thing we can do is he want to yell at someone, he should yell at the ceo. the work is cheaper abroad, so if shareholder value is the only thing they are focussing on then the jobs will continue to go abroad. there has been a massive transfer of wealth to shareholders. as you know, weve talked bin equality a lot previously, joy, so i think that this is something that really needs to be focused on as well. a cul...

For digital media. she left the web site that bears her name and launching a new company on corporate wellness. it is a goal to help people unplug and recharge and work smarter. she draws a direct line with more sleep and shareholder value. i sat down with her yesterday to see how this benefits all employees from anchors to ceos. >> do you have a message to those type a people watching our show at 5:00 a.m.? you want to tell them to go back to sleep? >> my message is best to follow christines ad...

Course is going to -- shkreli himself has said this many times -- create shareholder value, return on equity and it is going to make a lot of money, it doesnt settle well if it reduces access to life saving drugs. thats really why this whole thing blew up. the fact that he got arrested is pretty phenomenal for basically ripping off investors allegedly, of course, with a series of hedge funds that he did before. so hes got a pattern of behavior, if you kind of lay out whats in the indictment, of ...

To build sustainable shareholder value over time and that is what we did. the heart evidence thing for a chief executive to do is to tell someone they dont have a job anymore and that is why we provided the rip of the severance packages in the industry and why we provided employees with counseling so they could go on and fine another job. when you have a big, bloated bureaucracy that costs too much, that is becoming inept and that is what we have in washington, dc, by the way, there are some job...

>> i would say im in the minority, but im encouraged by what happened at walmart, marshalls, and t.j. maxx. >> did you pay above the wage at your company when you were there? and how do those decisions work? who is involved in setting the wage policies for a big company? >> the way capitalism works in the united states and i believe worldwide, is that it is about maximizing shareholder value. so usually employees are not shareholders. and so the idea of paying a living wage does not really enter...

Money to aig to create shareholder value and restore shareholder value after the disaster. so we have an obligation to run this company the right way or we have to be mindful that we have to pay the government back as quickly as possible and not take advantage of the good will of the american people and the u.s. taxpayers and make a profit on those taxpayers when they didnt give us the money to make a profit. they gave us the money to save the financial system. >> all demanded was that the gover...