Parsad Posted October 31, 2011 Posted October 31, 2011 Richard Garneau, the CEO of Abitibi-Bowater and who we had the pleasure of meeting at this year's Fairfax Financial Shareholder's Dinner, has declined his incentive fee as an act of good faith towards employees, shareholders and communities. Cheers! http://www.theglobeandmail.com/globe-investor/abitibibowater-ceo-declines-incentive-compensation/article2219675/
augustabound Posted October 31, 2011 Posted October 31, 2011 I had to do a double take of your title there. Good on him.
Uccmal Posted October 31, 2011 Posted October 31, 2011 It seems he drank some Watsa koolaid. Still wont touch the stock. Reduced cutting doesn't bode well for fbk.
Parsad Posted November 1, 2011 Author Posted November 1, 2011 It seems he drank some Watsa koolaid. Still wont touch the stock. Reduced cutting doesn't bode well for fbk. More people should drink the Buffett/Watsa kool-aid. It's quite refreshing! ;D Cheers!
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