amm90's comment history

amm90 said...

One point not brought out in the article is the compensation Gregg receives for being on the board of directors of First Horizon National Corporation--also around $100,000. I don't know of any normal working person who can identify with receiving that kind of money for maybe 8 days of work per year. There is a fraternal brotherhood/sisterhood of these corporate board members who over compensate themselves and need to be held accountable. Last year, First Horizon, after taking TARP money, highly overcompensated their execs with taxpayer dollars and then repaid TARP by diluting the current shareholders. Secondly, there may be a conflict of interest as Governor Haslam's brother is on the board of First Horizon too. As mentioned in the article, BCBSTN is the healthcare provider of choice for the State.

May 15, 2011 at 5:14 p.m.
amm90 said...

One point not brought out in the article is the compensation Gregg receives for being on the board of directors of First Horizon National Corporation--also around $100,000. I don't know of any normal working person who can identify with receiving that kind of money for maybe 8 days of work per year. There is a fraternal brotherhood/sisterhood of these corporate board members who over compensate themselves and need to be held accountable. Last year, First Horizon, after taking TARP money, highly overcompensated their execs with taxpayer dollars and then repaid TARP by diluting the current shareholders. Secondly, there may be a conflict of interest as Governor Haslam's brother is on the board of First Horizon too. As mentioned in the article, BCBSTN is the healthcare provider of choice for the State.

May 15, 2011 at 3:46 p.m.
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