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Dec.23
5:06 PM ET
Tuesday, 23 Dec 2008
Stop Trading!: Exec Comp, AmEx and Top Techs
Posted By:Stan Yee
Topics:Corporate Governance | Stock Picks | Stock Market
Companies:Oracle Corporation | Research in Motion Limited | American Express Co
Cramer's take on executive compensation? They should all skip their bonuses for their year -- not just the C-suite folks either, but managing directors as well, he says. Cramer feels they should all forgo bonuses this year -- "no equities, no cash."
As for AmEx [AXP
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], which has joined the financial companies getting government bailout money, Cramer says the company "went haywire and now we're throwing money at them." He just doesn't get it.
Finally, his two tech picks for 2009? With no hesitation, he goes with RIM [RIMM
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] and Oracle [ORCL
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].
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TOPIC : Corporate Governance
TOPIC : Stock Picks
TOPIC : Stock Market
COMPANY : Oracle Corporation
COMPANY : Research in Motion Limited



