Date: October 27th, 2022 10:53 PM Author: Cracking set
Nigger, have you ever even DRAFTED board resolutions or taken BOArD MEETING MINUTES? Only the bravest and most genius legal scholars.can even dare try.
Date: October 31st, 2022 12:27 PM Author: milky big locale
In banking everything is so regulated that there are volumous checklists of all the shit boards have to review or review and approve and minutes are read by your regulators and board decks go to the regulators too which is why I laugh my ass off when people say with a straight face that JPMorgan or Goldman are real companies. They are state sanctioned monopolists regulated to within an inch of being state owned enterprises. Board governance when everything goes to the OCC and requires you suck off your examiners daily takes real lawyers. At a place like Twitter it’s basically BS though there’s a tiny bit of lawyering that has to go into the proxy and annual meeting 8-K filing.
Date: October 27th, 2022 10:58 PM Author: Saffron spot
I still don't get it. Why would a privately held company have a board? Do they just represent the various private holdings of the company? Like do the financiers get a seat or what? Can they fire the majority owner from CEO and vote on things?
Date: October 27th, 2022 11:04 PM Author: Cracking set
It's an excuse.to be able to go on 4 work trips a year for fancy free dinners and to bang high class escorts. And the meeting part. Secretary does the hard legal scholarship of the MINUTES. Not too complicated.
Date: October 27th, 2022 11:04 PM Author: Supple Dun Plaza Cuckold
TITLE 8
Corporations
CHAPTER 1. General Corporation Law
Subchapter IV. Directors and Officers
§ 141. Board of directors; powers; number, qualifications, terms and quorum; committees; classes of directors; nonstock corporations; reliance upon books; action without meeting; removal.
(a) The business and affairs of every corporation organized under this chapter shall be managed by or under the direction of a board of directors, except as may be otherwise provided in this chapter or in its certificate of incorporation. If any such provision is made in the certificate of incorporation, the powers and duties conferred or imposed upon the board of directors by this chapter shall be exercised or performed to such extent and by such person or persons as shall be provided in the certificate of incorporation.
Date: October 27th, 2022 11:06 PM Author: Saffron spot
So assuming a minimum of one director, this is a person with a specific set of duties different from the CEO.. They manage business affairs? This is vague.
Date: October 28th, 2022 2:07 AM Author: hairraiser submissive whorehouse background story
Directors provide oversight of the management, can hire/fire them and set their wages, they also influence company strategy. Private companies still have minority shareholders and investors. Lenders etc may want to see that the company has directors to rein in the management etc.
Date: October 27th, 2022 10:57 PM Author: twisted thriller community account forum
Reyes Armando Moronta🇺🇸
@not_onions
·
2h
Replying to
@disclosetv
If Elon Musk takes over Twitter and brings Donald Trump back, I will be leaving this country. I got my passport last week when I heard he might buy Twitter. Instead I’ll be moving to A CIVILIZED COUNTRY, the gorgeous TANZANIA 🇹🇿! So long, America! You’ve just lost a citizen.
Date: October 28th, 2022 12:21 AM Author: Crawly wagecucks base
It amuses me to no end how easy it is to understand what a BOD and CEO are by just look at the words in those titles and thinking about their plain meaning. An officer is someone who holds and office. An executive is someone who executes tasks. A chief is the guy at the top. A board is a group of people. A director gives directions, and the executive executes. Somehow this is bewildering to lawyers.
Date: October 28th, 2022 8:27 AM Author: Crawly wagecucks base
"Make stonk expensive, don't get sued , obey FBI" are directions. A director could give such directives to an executive officer and rely on him to execute so that the director can go back to sleep.
Date: October 28th, 2022 2:09 AM Author: Sapphire death wish
That's the best practice. I once stuck a parent corporation with a big judgment for the acts of a wholly owned LLC. The LLC's mistake? Not using a manager's or member's room.
Date: October 28th, 2022 3:02 AM Author: rusted striped hyena lettuce
Elon will regret messing with INDIANS, he just enraged 1.4b ppl
TWTR is going BK within 2 years, and Elon is going to be disgraced by his BS decision to furk with Gorgeous Parag and this ugly Indian bitch who probably is a total furking cunt but still I have to pretend to defend her so FURK U BIRDSHIT, and look at Gorgeous Parag outperforming everyone, Elon will regret the day he furked with Indians
Aviral Bhatnagar
@aviralbhat
·
2h
Indian origin CEOs:
- Nadella: 22% CAGR in value for Microsoft since 2014
- Pichai: 19% CAGR in value for Google since 2015
- Parag: 25% CAGR in value in 11 months
Infact, Parag outperformed the S&P by 4500 basis points