I don't know how to judge CEO compensation whether it is 1 million or 500 million per year and if it is justified or not. But one thing seems to be very clear, these people are very smart and many negotiate contracts that will set them up to live a wealthy lifestyle for the rest of their lives regardless if their decisions result in failure or prosperity. If the boards are really made up mostly of other CEOs then I guess it is like a mutual admiration society. Maybe these people are really concerned about their company's success or failure but the executive compensation packages we read about lately for the failed companies seems unfair. I guess we want them to suffer like the rest of us stockholders and taxpayers instead of enormously profiting either way.
Last edited by flstf; 10-08-2008 at 07:57 AM..
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