From: Obveeus <Obveeus@aol.com>
Subject: Re: Weinstein Company sold
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From: Obveeus <Obveeus@aol.com>
Newsgroups: rec.arts.movies.current-films,rec.arts.tv
Subject: Re: Weinstein Company sold
Date: Fri, 2 Mar 2018 16:16:56 -0500
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On 3/2/2018 2:08 PM, anim8rfsk wrote:
> In article <p7bscf$5h3$1@dont-email.me>, Obveeus<Obveeus@aol.com>
> wrote:
> 
>> On 3/2/2018 10:51 AM, anim8rfsk wrote:
>>> In article <p7bnv2$3lp$1@dont-email.me>, Obveeus<Obveeus@aol.com>
>>> wrote:
>>>
>>>> On 3/2/2018 9:35 AM, anim8rfsk wrote:
>>>>> In article <p7bkmi$b3c$1@dont-email.me>, Obveeus<Obveeus@aol.com>
>>>>> wrote:
>>>>>
>>>>>> The Weinstein company has a sale agreement in place for the company.
>>>>>> The new ownership, led by Maria Contreras-Sweet (head of the Small
>>>>>> Business Administration under Obama) will set aside $90Million for
>>>>>> Weinstein's victims,
>>>>>
>>>>> So, what, about $25 apiece?
>>>>
>>>> I suspect this $90million set aside will bring more claims out of the
>>>> woodwork.
>>>
>>> Oh, absolutely.
>>>
>>>>>     keep the 150 or so employees employed,
>>>>>
>>>>> Because none of them were complicit
>>>>
>>>> I think the complicit employees already quit the company and filed
>>>> lawsuits claiming that they were victims.  I hope there is a way to
>>>> exclude them from any payouts.  As for complicit board members...yes,
>>>> they probably all need to be replaced, even if some of them did start
>>>> protesting in the later years.
>>>>
>>>>>     and promises
>>>>>> to create a new executive board that is mostly female.
>>>>>
>>>>> Because that shouldn't send her straight to prison.
>>>>>
>>>>> Oh, wait, yes, it should.
>>>>
>>>> I have no idea why they think statements like that aren't proof of
>>>> sexual discrimination.
>>>
>>> I know!  Can you imagine if they'd said "we ain't gonna have no stupid
>>> broads on the board"
>>>
>>>     Maybe the board is filled with unpaid positions
>>>> so it doesn't count as a job?
>>>
>>> LOL.  I'm unclear on what an 'executive board' does anyway.
>>
>> They are the ones who vote to increase the salary of the CEO as long as
>> he promises to pay all the sexual assault claims out of his own pocket
>> going forward.
>>
>> The real trick is that various CEOs of various companies can agree to be
>> on the board of directors for each other's companies...and then they can
>> literally sit around giving each other huge raises and guaranteed stock
>> options.
> 
> Right.  But what I'm not sure of here is if "Board of Directors" =
> "Executive Board"

The Board of Directors is separate from the Corporate executives like 
CEO, CFO, COO...but there is frequently some overlap...and especially if 
the executive is also a major stockholder.