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Old 10-07-2008, 10:22 AM   #3 (permalink)
highthief
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Location: Ontario, Canada
I have real problem with enormous executive compensation in public companies that is not tied to either performance or risk - like the guy from Lehman brothers who made off like a bandit (what $400 million?) when he got sacked.

People's portfolios have been ruined and guys like this were continuing to rake it in.

If people do a great job (i.e., increase the bottom line) they should be rewarded. But executives are being lavishly rewarded with our investment money for doing crap jobs, and that has to change.
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