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To: SunkenCiv
Richard Fuld made $466.3 million dollars over and eight year period as CEO for Lehman Brothers from 2000 to their bankruptcy and dissolution in 2008. He is not alone in getting paid enormous sums and not performing.

I reiterate my opinion that CEOs are much more interchangeable than the public has been led to believe, and that enormous CEO salaries that are not performance linked are a bad business model. CEO salaries have increased dramatically (7-9 fold) in the past ~40 years, and unless I'm missing something this does not seem to have led to a great surge in American corporate success.

That said, I also reiterate that I despise socialism/communism, and attempts of government to ‘engineer’ equality of outcome.

12 posted on 08/06/2015 11:00:14 AM PDT by pieceofthepuzzle
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To: pieceofthepuzzle

It’ll be easy for the Party of the Single Party State to sell gubmint re-engineering, redistribution, confiscation of property (starting with guns of course), and “economic justice” thanks to fuzzy thinking and yeah-buts of that kind.


13 posted on 08/06/2015 4:06:47 PM PDT by SunkenCiv (What do we want? REGIME CHANGE! When do we want it? NOW)
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