What does it mean to get compensation right? And why does it matter so much? Getting it right is called "fair and reasonable" by the IRS. It's what the law requires, it's what any CEO wants, and it's what any donor and member of the public expects.
By sixteen I could have been the poster child for a crisis nursery, domestic violence shelter, and rape crisis center. On the positive side, however, I grew up in a neighborhood with friends from many countries, religions, and races.
Women are being pummeled by the financial crisis. But that's because women are too dependent on the state. We haven't bothered to get the skills that might get us more money, and more clout. If men have been allowed to rule the roost, that's because women have let them.
Boards are biased, too like-minded, made up of friends who are typically cronies uncomfortable with conflict. Worse still, in most of our leading corporations today, the positions of Chairman and CEO are held by the same person.
Pfizer agreed to pay $2.3 billion to settle fraud claims regarding its marketing practices -- the largest criminal fine of any kind ever. But it's the shareholders, and not the corporate officers, who will be punished.