“And under my reforms, all aspects of a CEO’s pay, including any severance arrangements, must be approved by shareholders,” he will say.”
Someone tell me why that’s bad?
Note to self: READ THE WHOLE POST before commenting. :)
It’s the way the MSM spins it.
My thoughts also. Of course the multi-millionaire conservative talk show hosts don't want to see CEO pay regulated since they're in the big club themselves.
It seems hypocritical when Glenn Beck and others are hyperventilating over the "injustice" of regulating CEO pay, when their listeners are dealing with the discomfort of increased gas and food prices.
If the government regulates the compensation of CEOs it is only fair that it regulate the compensation of actors singers, lawyers, athletes, doctors etc, and all damage awards. You can’t select out one group of people for unequal treatment under the law based on how much money they make and still claim to believe equal protection. We can do this either way, but everybody should be in the same boat under the law.