Feel sorry for these people?

[Capricious]

"...rather than some minimum wage guy getting out of a $20000 loan .."



Just to clarify, it was much more than $20,000.00 that the buyer "got out of."


And as a "machinist," his annual income is probably higher than mine.


I have no love for the CEO's and boards of directors of most public corp.,
but as nothing seems to change, stockholders must be happy
with the arrangements.

If stockholders abandoned such corporations en mass, you would see
changes.

In the mean time, if you sign on the dotted line, you need to live up to the
deal you have made.

 

[scooterbug44]

Vote with your shares to reward ethics and punish lack thereof, do the same at the ballot box, and be willing to take your $ and business elsewhere.

There are ALWAYS ways to get your voice/opinion heard, you just have to take the time and effort to use them!

I'm waiting for a company who has been providing poor service to my friends and family to get back to the purchase price so I can dump it and invest those $ in a company who donates 5% of its profits to local charities and treats its employees well.

 

[Capricious]

"Vote with your shares to reward ethics and punish lack thereof, do the same at the ballot box, and be willing to take your $ and business elsewhere."



Unfortunetly, proxy voting is a joke. The only real way
to 'vote' shares in most publicly-held companies is to sell.



"...There are ALWAYS ways to get your voice/opinion heard, you just have to take the time and effort to use them!..."


Most annual meetings feature a dissident or two. Usually they don't
accomplish much beyond their entertainment value.



"I'm waiting for a company who has been providing poor service to my friends and family to get back to the purchase price so I can dump it and invest those $ in a company who donates 5% of its profits to local charities and treats its employees well."



If you truly felt strongly about this, you would sell now.

Besides, while waiting for your current holdings to gain value, you
might be missing larger gains in your alternative investment.

And it is the time of year to look at capital gains/losses anyway.

 

[scooterbug44]

I know, but I feel like if I take a loss on it they screw me over twice!

As far as capital gains/losses it is nice to see that you tend not to lose when you choose companies based on their "ethics" and customer service.

Really should give the other company some more $ though.

 

[Capricious]

How timely.

http://tinyurl.com/3c2qxq

 

[scooterbug44]

Nice!

I need to double check some fund contents, but oddly enough, believe I do NOT own shares in any of the companies mentioned in that article.

 

[trying2makeabuc]

Rancid,

I guess I don't understand how someone else's behavior (unethical or otherwise) justifies your behavior. I can probably give you as many unethical examples as you have. Regardless, I try to be ethical/ honest, yes, even fair, in all I do. Do I negotiate for the best deal? Absolutely.

Examples. Do I lie to say that I have 2 people offering me a better price when I don't. I certainly try not to. I am not perfect. Sometimes I slip. Would I lowball someone on a house that they were selling because they had to sell it. Yes, because it is either me or the bank. If he doesn't like my offer, then he can refuse it. Is it fair? I am not using deceit or pressure to close the deal. The value of the house might even go down further.

I'll go back to what I have said before. There is absolute truth (or from my perspective, Truth.) We should all act with honesty and integrity, no matter what.

 

[elgordoboy]

Having never written a N.S.F check, I have no experience with the
fees, and so am not qualified to comment.

My Uncle sometimes is a pompous ass...are you qualified to comment on that? I could use the advice .

 

[rancid]

Rancid,

I guess I don't understand how someone else's behavior (unethical or otherwise) justifies your behavior. I can probably give you as many unethical examples as you have. Regardless, I try to be ethical/ honest, yes, even fair, in all I do. Do I negotiate for the best deal? Absolutely.

Examples. Do I lie to say that I have 2 people offering me a better price when I don't. I certainly try not to. I am not perfect. Sometimes I slip. Would I lowball someone on a house that they were selling because they had to sell it. Yes, because it is either me or the bank. If he doesn't like my offer, then he can refuse it. Is it fair? I am not using deceit or pressure to close the deal. The value of the house might even go down further.

I'll go back to what I have said before. There is absolute truth (or from my perspective, Truth.) We should all act with honesty and integrity, no matter what.

I agree with you on dealing with individuals. I too try to be fair and just in these dealings. If a plumber fixes something at my house and leaves some tools or forgets to cash the check, I would always tell him. On the other hand if my insurance company undercharged me on my premium, I am not saying a thing--their mistake.

I guess what I am talking about is more in dealing with big entities (businesses) that use there size and power to unfairly tip things in their favor. There are very little ethics or absolute truths to these companies.

I agree with all the nice things about truth and just not dealing with unethical parties but lets face it-- insurance, mortgage, banks, brokers, and other large corporations are part of our country and realistically cannot simply be avoided. Cap's comments about showing them by not buying their products or services is just some bogus philosophical dribble that looks good on a beach forum but in practice would be quite ridiculous.

 

[Bob]

The lender's shareholders may feel differently.

what's that quote...you owe the bank 24k,can't pay you have a problem, or half of your town owes the bank 240,000,000, can't pay, they have a problem