[banjo joe]

Get yer asbestos suit ready, I see the flames are already coming, LOL!

And yep, pay for non-performance.

[jjm2111]

Not from me. Executive compensation is a giant one hand washing the other racket. It's one thing for the CEO to receive an obscene salary when business is doing great, but if the company's profits and share price drop by 40% and the CEO gets a 30% raise, that's a crime.

What I don't know is why instituitional investors don't make a big deal about wasted money like ridiculous comp for execs and letting former CEOs use the corporate jet?

Also, could any FReeper comment on whether SERPs violate ERISA?