I was always advocating that CEOs should be paid in stock, not in money. Sure, the company can provide accommodation, traveling expenses and such, and a CEO ought to easily live off of a dividend from the given stock as a salary, and a CEO would be allowed to liquidate the stock only after leaving his position. That would teach them to take far greater care of the companies they are entrusted with. Oh, yeah, that should be applicable to the BoD as well.

In this case we have a CEO that got $6M+ last year for nothing but producing loses and bringing Nokia to the ground... Wonder what his golden parachute looks like after he finishes off Nokia for good...


Don't know why are you so shocked? He was spewing that claptrap for more than a year now, and it always sounds the same - as utter bullcrap!

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Back to the topic - another day, another history low for NOK stock - €1.60 after somebody got desperate enough and sold a great deal of stock in very short time. On NYSE the price is dancing on the thin razor blade line of $2, and I expect it to stay at that psychological level for the rest of the day unless somebody else panics and listen to more and more rumors of stock dropping drastically after the Q2 results and Q3 profit warnings. Next week, however, it's going bellow $2 at NYSE and bellow €1.50 at OMX for sure... Of course, the stock story of today is RIMM with their announced delay, but one would expect Nokia to at least remain neutral while one of their main competitors is falling, however - Nokia truly is that bad that even the disappearance of RIM completely wouldn't do them any good.

And, on that note, investors have ~96 more hours to join a class-action suit against NOK for deliberate defrauding of the investors regarding the Lumia line. More info @ HERE.