Page 34 - Shareholder Value News Today

Transportation says that a life is worth $9 million. so thats nothing compared to the cost of a big recall. i understand that. but when you add in the lawsuits and you add in the penalties from the s.e.c., potentially in the gm bailout, lying to the government, fraud, justice department criminal penalties, it adds up. its big-time. of course, the loss of support from their customers who are infuriated about that. >> josh, thats, of course, one of the arguments you hear about regulation which is ...

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Enron was the seventh largest corporation in the country when it collapsed. wiping out $63 billion in shareholder value. putting 27,000 people out of work. its glass tower and crooked "e" leaving an indelible mark on houston, enrons hometown and site of the trial. >> not only was the collapse a personal disaster for the individual people who worked there who lost everything, it was also a huge political disaster for the george w. bush administration. enrons founder and ceo was one of george w. b...

>> bill: is he not doing that in your opinion. >> no. he is not doing that. he is the chair of the presidents council on jobs and competitiveness. >> bill: mr. smith, you see it differently. go. >> i do. i think stuart, as much as i respect him is comparing apples to oranges. you have to look at what jeff immelts job is his number one job is to create shareholder value. as a g.e. shareholder, by the way i am a g.e. shareholder. as a g.e. shareholder i want him to pay zero taxes. i want him to fi...

In the last ten years. >> and-- >> professor, haw how about the last year, up 4% and thats wag go stop that. >> i have to ask-- >> i dont know, what does stop corporate greed, i dont know. >> brenda: i have to ask toby because actually since this has been passed weve seen companies start to anticipate higher costs and where do they hit? >> well, first they go to the lower minimum wage people who-- you cant repeal math. theyre talking about repealing this, you cannot repeal the math. the math is ...

Of there! they dont know when it will end. i heard the president say it will end, couple weeks, 90% should be stopped but i hear the well, this field could go as far as nicaragua. the bill should be more than $20 billion. then b.p. did a smart move. >> b.p. may have done a smart thing if it limited liability, but it didnt. this is an initial down payment, not disbursed by a jury or judge or anybody who will require evidence of harm. the basis of who the applicant is and what they need. >> whethe...