Completely agree with you Mark!
Here is something I can not seem to understand. If you run a company and it fails, how the hell could you expect a bonus at all?
If the CEOs are able to negotiate something in their compensation packages, they should be able to get whatever they negotiate. The question I have is: are CEOs that scarce a resource where they are able to negotiate these obscene compensation packages??? If not, the Boards of Directors are not doing their jobs and should be fired at the next annual meeting!