What Does Dick Devos Think About Michigan Playing for Basketball Championship?

The State of Michigan should be proud of their native son, Dick Devos and basketball team. Now, the Michigan basketball team is playing for the national championship. Is this what entrepreneur means about “Making America Great Again?”

 

Michigan Sports Teams

 

In 1817, the University of Michigan opened its doors. Most people don’t know it, but the university was established before the territory even became a state. The University of Michigan motto was Artes, Scientia and Veritas.

 

All of these Michigan graduates allowed for the local community to become an industrial center. Grand Rapids, Michigan became known as “Furniture City.” This is where Dick Devos grew up.

 

He understood that anything was possible. His family built a tremendous set of businesses in Michigan. They had everything they needed to be successful.

 

President Gerald Ford played football on one of the Michigan national championship teams. He has the local Grand Rapids international airport named after him. Pilot Dick Devos has started up a charter school for future pilots at this self-same airport.

 

Winning in Business

 

Student athletes learn how to win on sports fields or courts when they go to the University of Michigan. Its college football team is #1 in victories, setting the standard for the entire nation. Its Michigan versus Ohio State game is deemed to be the best college football rivalry, by some.

 

But, the basketball program is not far behind. Did you know that the Michigan basketball team is 7-0 in Final Four games before the championship? They won the 1989 college basketball championship and are also well-known for the Fab 5, including Chris Webber and Juwan Howard.

 

Businessman Dick Devos understands the culture of success that has been created in Michigan. Dick Devos ran for governor and has been given an appointment to the federal civilian panel overseeing the FAA. His pilot’s license has given him the “license to dream of a better day for the country.”

 

If Michigan can win the national championship, why can’t America be great again? The 1989 championship team might cause people to remember the 1980s. Some think of this as America’s heyday. People were confident and jobs were plentiful.

 

Now, the hope is to return the US to those salad days. If Michigan wins the national championship in basketball, many would celebrate. Some might remember when the NBA Detroit Pistons were champs – also in the 1980s.

 

Reaching the Pinnacle of Success

 

Great college basketball teams need great coaches, just like government departments need great managers. Dick Devos brings his commitment to success to the national government. He hopes to help the airline industry continue to grow and shake off the doldrums.

 

Michigan plays for the college basketball championship in 2018. All that one needs is a chance. Pilot Dick Devos has a great chance to lift the nation higher. Can he deliver a game winning shot?

 

To learn more, visit http://dickdevos.com/news/.

Jeremy Goldstein’s point of view on knockout options

Over the years, companies have debated on whether or not to provide their employees with stock options. Many have had to stop the trend owing to the disadvantages while others defend it.

 

The supporter’s point of view

Those who are for this mode of compensation point out the fact that it is the easiest mode for all employees to understand as compared to equities and insurance coverage. Some also argue that the fact that an individual’s earnings increases with an increase in the company’s share value will prompt the workers to put more effort towards improving the company’s share value.

 

When it comes to the taxation rate of corporations, the stock option method is set to reduce the amount that a company has to pay in tax.

 

The antagonists’ points of view

The opponents argue that this compensation style is beginning to be feared by many employees as they are becoming more aware of the fact that a decrease in the stock value may mean that their options would be rendered useless.

 

The other issue is that stock options subject the company to cumbersome financial matters. Finally, there is the worry that decrease in share value would subject stakeholders to an options overhang.

 

The way out

Financial experts have introduced the corporate world to the idea of knockout options. These options can be done away with when the company’s stake value reduces to less than 75 dollars per share and stays that way for a specific amount of time. The options also have a time span after which they expire.

 

Jeremy Goldstein

Jeremy is a corporate attorney with one and a half decades of experience. He has been involved in the transactions of companies like Duke Energy, Verizon, Merc and Chevron among other top corporations. He is a former partner at a prominent New York firm before launching his firm.

 

The Jeremy L. Goldstein and Associates LLC is a firm that is dedicated to offering corporations, executives, management personnel, and governance teams with advice on issues to do with compensation.

 

Goldstein is also a member of the Mergers and acquisitions Society and the American Bar Association and well as the NYU board of professional advisors. He also constantly writes and gives talks on matters of compensation and corporate governance. Learn more: https://twitter.com/jeremy_gold1