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David Bolchover
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Entries by David Bolchover

Tony Hayward and Those CEO Myths

(1) Comments | Posted July 29, 2010 | 8:22 AM

The exiting BP Chief Executive Tony Hayward has become rich as a time-serving employee, working his way up a huge corporation over three decades, profiting from the brand and infrastructure of a company that was created three years before he was born. Then he was made a scapegoat for an...

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Why High Pay is Bad for Capitalism

(66) Comments | Posted March 28, 2010 | 5:35 PM

Too often, capitalism's strongest supporters defend high executive pay, especially in the finance sector, in the belief that they are upholding the principles of the free market. This is a grave mistake. The market for pay has been distorted by self-interest, and the capitalist system they hold dear is suffering...

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