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Topic	Tesla asks shareholders to vote again on Musk's $56 billion payout
EPR-radar 04/17/24 6:41:42 PM #4:	More entertainment from the OP Delaware Chancery Court Chancellor Kathaleen McCormick found that Musk, rather than Teslas board, controlled the company and that the boards compensation committee, rather than negotiating with Musk over the terms of the deal, worked alongside him, almost as an advisory body. I can understand Muskrat's shock and dismay here. How can the normal function of a board's compensation committee (i..e, conniving with the executives to increase their pay) be illegal? --- "The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command." -- 1984 <cite>EPR-radar posted [p:979966144] in Tesla asks... [t:80749739]...</cite> <quote>More entertainment from the OP<quote>Delaware Chancery Court Chancellor Kathaleen McCormick found that Musk, rather than Teslas board, controlled the company and that the boards compensation committee, rather than negotiating with Musk over the terms of the deal, worked alongside him, almost as an advisory body.</quote>I can understand Muskrat's shock and dismay here. How can the normal function of a board's compensation committee (i..e, conniving with the executives to increase their pay) be illegal? --- "The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command." -- 1984</quote> ... Copied to Clipboard!
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