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Biz Aviation takes a beating from congress...

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. Some Congressman suggested jet-pooling. Oh, that's a good idea. The plane crashed and now 3 CEOs of fortune ## companies just took their companies down with their lives.


Oh please......

These three ceo's and their respective management's have been taking down their companies just fine on their own while they are alive.


I would bet a month's salary that the ceo of almost any fortune xx company would not "take their company down" in the event of their demise. Talk about a "god complex."
 
Oh please......

These three ceo's and their respective management's have been taking down their companies just fine on their own while they are alive.


I would bet a month's salary that the ceo of almost any fortune xx company would not "take their company down" in the event of their demise. Talk about a "god complex."
Your view is much too simple for a market economy. That's not said to be disrespectful. Look at it like this: common sense would dictate something Wall Street is unwilling to listen to. The CEO's don't have a God complex per se, it's Wall Street's reaction what would put the company out of business. next to M.D.s, brokers at big brokerage house can be extremely arrogant. In the event of a demise by any Fortune XX CEO, the stock would take a huge hit, that's just how Wall Street works. It leaves too much encertainity within the company, and especially in this economy, stock would get sold. The hit may or may not rebound right away, but with these companies in so much trouble as it is, a rebound would be unlikely. The stock prices of the big the auto makes is so low right now, how much of a hit do you think they could take before they zeroed out? Once a stock gets below a certain price, the major stock exchanges would DELIST that stock, and that would be it. Company forced in to Chapter 7/11, and nobody is going to buy a car from a company in a position to not have to honor a warranty or worse, buy a car from a company that may or may not be around longer than said warranty. Wall Street is more about stats and less about common sense.
 
Your view is much too simple for a market economy. That's not said to be disrespectful. Look at it like this: common sense would dictate something Wall Street is unwilling to listen to. The CEO's don't have a God complex per se, it's Wall Street's reaction what would put the company out of business. next to M.D.s, brokers at big brokerage house can be extremely arrogant. In the event of a demise by any Fortune XX CEO, the stock would take a huge hit, that's just how Wall Street works. It leaves too much encertainity within the company, and especially in this economy, stock would get sold. The hit may or may not rebound right away, but with these companies in so much trouble as it is, a rebound would be unlikely. The stock prices of the big the auto makes is so low right now, how much of a hit do you think they could take before they zeroed out? Once a stock gets below a certain price, the major stock exchanges would DELIST that stock, and that would be it. Company forced in to Chapter 7/11, and nobody is going to buy a car from a company in a position to not have to honor a warranty or worse, buy a car from a company that may or may not be around longer than said warranty. Wall Street is more about stats and less about common sense.

You're being a little dramatic here LR. All these companies have a succession plan in place in case the CEO drops dead of a heart attack tomorrow.
 
You're being a little dramatic here LR. All these companies have a succession plan in place in case the CEO drops dead of a heart attack tomorrow.
You are correct. 100% of them do. Wall Street knows that, and they'll still bury the stock in the event something like this happens. It's not my doing, but let's be realistic, it's not something sharholders view as a positive, and like it or not, the initial reaction will be Sell, Sell, Sell.
 
LR -- that just in not the case for a Fortune 100 company. It may be the case with smaller companies that are highly dependent upoon the CEO/founder for innovation and ideas and the CEO/founder also owns a large percentage of company stock which will be liquidated by his/her estate to pay estate taxes. There are many empirical studies (I do not have them handy) that show that other than a daily or 2 day drop for the stock on the sad news, there is not a negative medium ore long term effect ont he stock price when general market conditions are eliminated from the analyses.

Many times it is the impression which counts and is demonstrated by great leadership.

Fly safe.
 
owner, how is the BMW M5 an aircraft?

I have driven one it is fast, but I have yet to see one that can fly.
 

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