-- The 10 highest-paid CEOs for 2011, according to an Associated Press analysis of Standard & Poor's 500 companies. The analysis includes companies that...
Sometimes I can get a laugh at the irony of a politcal cartoon. Not when the message is too ominous. This cartoon is political to me but it is so not funny. How many people think they are Mr. "Present Company"? That's what takes any possible chuckle out of this one.
dznews: Sometimes I can get a laugh at the irony of
I think of these over-paid CEOs as being much like these over-paid pro athletes: as long as there are people stupid enough to give them all that money, they'll take it!
TOOO: I think of these over-paid CEOs as being much like
Except the CEO - Pro Athlete comparison is not really a good one.
Because there is so much money in many Pro Sports, that if the athletes got less it is not like ticket prices would go down, or that food or beer prices would go down. The CEO's of those companies would just make more.
BBackSoon: Except the CEO - Pro Athlete comparison is not really
Unless you own stock or work for that company - Its none of your business what a BOD pays a CEO.
If you do and don't like it - sell the stock or find another job.
Its the BOD's responsibility to find the best TALENT to run the company at prevailing compensation.
For the best CEO talent - that is meassured in millions of dollars.
Just like the sporting and entertainment industries.
One-Percenter: Unless you own stock or work for that company -
If you own the stock you also have the option of firing the CEO, who works for the shareholders, and hire a new CEO at a lower rate of compensation. Just as profits can be increaced by lowering the labor costs of other workers, profits can be increaced by lowering the compensation of management. Firing the BOD might be a good thing for shareholders to do in some cases as well.
maxmcgloin: If you own the stock you also have the option
They absolutely have a say, but the beauty of the system is that we don’t even have to vote in that situation.
If a corporation is run poorly by a BOD recklessly overpaying for inept leadership, their performance will suffer. The result is the Managers of the mutual Funds will no longer invest in those companies as part of their mutual fund portfolio.
It’s cold and calculated. No thoughts of if they are “buddies” with the CEO. It straight math.
One-Percenter: They absolutely have a say, but the beauty of the
Steve Jobs had some nice perks and worked for $1 a year.
Can you imagine that $378 million compared to a line worker for Foxconn?
Tax Capital Gains and Carried Interest with the same brackets and rates as the federal income tax.
Raise the Estate Tax to 75%.
I predict 35% unemployment and negative GDP growth with one quarter.
We became a superpower. Go brush up on some history.
Because there is so much money in many Pro Sports, that if the athletes got less it is not like ticket prices would go down, or that food or beer prices would go down. The CEO's of those companies would just make more.
If you do and don't like it - sell the stock or find another job.
Its the BOD's responsibility to find the best TALENT to run the company at prevailing compensation.
For the best CEO talent - that is meassured in millions of dollars.
Just like the sporting and entertainment industries.
They might want their mutual fund managers to vote differently if they were given a choice.
As it is the average retail investor is drowned in a voting pool of unthinking institutional investors.
If a corporation is run poorly by a BOD recklessly overpaying for inept leadership, their performance will suffer. The result is the Managers of the mutual Funds will no longer invest in those companies as part of their mutual fund portfolio.
It’s cold and calculated. No thoughts of if they are “buddies” with the CEO. It straight math.