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What excessive pay package?

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Old Aug 1, 2007 | 10:28 AM
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What excessive pay package?

http://www.portfolio.com/infographic...ary_comparison

Good for the CEO's :RockOn - not mine:

and it doesn't even get to the last couple of years
Old Aug 1, 2007 | 11:42 AM
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If the market will pay for it, why not?
Old Aug 1, 2007 | 11:50 AM
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Their salary is negotiated by the board of directors.
Old Aug 1, 2007 | 11:53 AM
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....which they all sit on several of - for one another's benefits.
Old Aug 1, 2007 | 11:56 AM
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So........what point are you trying to make?
Old Aug 2, 2007 | 08:38 AM
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what point?

how about-

"Those that do not learn from History are doomed to repeat it."

http://www.gusmorino.com/pag3/greatdepression/
Old Aug 2, 2007 | 05:19 PM
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So you're claiming that because CEOs make 11tybillion times more $$ than the employees, we're on the road to another Depression?

Hmmm....seems a stretch.

What is your solution?
Old Aug 2, 2007 | 05:22 PM
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Originally Posted by Paul@dbtuned

What is your solution?
Redistribution of wealth, of course.
Old Aug 2, 2007 | 06:39 PM
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Originally Posted by ipozestu
Redistribution of wealth, of course.
Who decides what is "too much"?
Who decides on who decides what is "too much"?
Who decides on to whom the "excess" is given?
Who decides on how much is enough?
Do the recipients have to do anything to get this excess?
Old Aug 3, 2007 | 11:08 AM
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I care a lot less about the eleventy factorial salary difference, and a lot more about how far that regular-guy salary goes. If average Joes make a decent living, then those CEO types can have their Monopoly money.

CEOs really have 2 tasks: make the company profitable so that the average worker earns a nice living, and make sure that the company stays fiscally sound while doing so to keep those Joes employed. If he does those things, he can have the Lear and the Riviera condo.
Old Aug 5, 2007 | 07:28 AM
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more food for thought;

http://www.informationclearinghouse....ticle18119.htm
Old Aug 6, 2007 | 06:18 PM
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Originally Posted by ipozestu
Redistribution of wealth, of course.
Oh noes!

Like the current system isn't all about wealth redistribution? it sure is, only its about taking money from working folks and giving it to billionaires, but as long as we don't tax people who are richer than anyone could even possibly even want to be, its all good?

"Warren Buffett, the world's third-richest man, blasted the U.S. tax system earlier this summer because he pays a lower rate of taxes than his secretary. Buffett said, without trying to avoid taxes, that he paid 17.7 percent on the $46 million he made in 2006 while his secretary who made $60,000 was taxed at 30 percent.
Unseemly? Immoral? Outrageous? You bet! This imbalance is a consequence of decades of tax reforms that have benefited those at the top, with a marked acceleration under President Bush.
Buffett could not have been clearer about the pernicious consequences. He said the tax disparities have expanded income inequality in a way that has hurt the economy, by constricting opportunity and stifling motivation."

hey, maybe- just maybe some (not all) of these multi-billionaires might be onto something.....
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