Shareholder Value Destruction Poster Child Competition: LNUX v. GM v. FNM v. FRE v. IMB v Neumei$ter
Shareholder Value Destruction Poster Child Competition:
2-year chart SourceForge (NASDAQ:LNUX) v. General Motors (NYSE:GM) v Fannie Mae (NYSE:FNM) v FreddieMac (NYSE:FRE) v. IndyMac (NYSE:IMB)...LNUX barely beating out GM!...check out the 5-day chart (FRE, FNM).
...and Neumei$ter [today, July 14, 2008] takes a $50k/mo salary as interim CEO!? What are the Board and he thinking?! How about $1/yr with stock options and bonus tied to performance...or just $1/yr to send the right signal to the *[non-insider] and shareholders?
* Non Officer/Director shareholders.