Buffet calls it "a classy move". He's right. Coke needs strong PR in the financial community now anyway, and while they'll take a hit, they're going to point to themselves as bastions of integrity.
Your old music cannot sustain you through a life, not if you're someone who listens to music every day, at every opportunity. You need input, because pop music is about freshness, about Nelly Furtado and the maddeningly memorable fourth track on a first album by a band you saw on a late-night TV show. And no, that fourth track is not as good as anything on Pet Sounds or Blonde on Blonde or What's Going On, but when was the last time you played Pet Sounds? - Songbook by Nick Hornby
Agreed. And a smart observation about the benefit of getting ahead of the curve on this one.
A word about Bush's alternate proposal, to require stockholders to vote on options plans. Sounds nice, but the board holds proxy power over a majority of the shares in the vast majority of companies. So what is presented as reform is in fact a trojan horse that would perpetuate the existing system.
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