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To: ClancyJ
I agree. I would like to see laws changed so that corporate officers cannot hide behind "the corporation" and get put in prison when they steal, just like common house burglars.
68 posted on 04/19/2003 9:25:54 AM PDT by JmyBryan
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To: JmyBryan
I've long realized that CEO's and their teams are stealing from the top. Have you ever noticed the salary comparisons they use to justify increases? A round robin - they do a survey and find someone higher paid than their own, therefore, they claim they MUST raise their executive salaries to "hold on" to the cream of the crop. Then the next year, the same is done again - ever spiraling higher. Much like baseball player salaries.

Noteworthy also is the fact that this same survey is done on lower ranking positions. Yet - in those - they seem to find other companies paying lower salaries, therefore, they must lower their ranges for positions - ever spiraling downward.

Whatever they choose to call it - it is stealing profits to pad their pockets instead of growing the business.
102 posted on 04/19/2003 5:53:01 PM PDT by ClancyJ
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