Depression Finance: How Bonus Compensation Motivated America's Financial Crisis - Softcover

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Bonus gift stock is a zero-sum gain for insiders and a zero-sum loss for stock investors. The book explains that gift stock compensation is a form of equity skimming that amounts to a Ponzi scheme. Executive stock compensation leads to greedy wealth transfers from widows and or¬phans. These self-dealing transactions meet the criteria of fraud on the market. No rational well informed person would expose their life's sav¬ings to such a scam. Higher stock prices trans¬late into maximization of executive gift stock compensation. Bonus compensation in the form of gift stock has transferred over $100 billion into the accounts of executive insiders from the mon¬ey paid-in by stock investors.

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