Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: AppyPappy
Don't be silly. Soros? Anyone involved with ACORN? The goal is to cap CEO pay. That is, pay that is contracted for and earned, usually with a bonus for ACTUALLY making realistic goals in revenue/profits for the corporation that is approved by Boards of Directors and stockholders.

This idea of putting caps on salaries works for major sports teams but not at all valid in business. Also, it doesn't matter if the company is receiving government money. Where is the outrage about our own government's extortion of American business?.

35 posted on 02/03/2009 7:35:37 PM PST by BatGuano
[ Post Reply | Private Reply | To 16 | View Replies ]


To: BatGuano
The goal is to cap CEO pay. That is, pay that is contracted for and earned, usually with a bonus for ACTUALLY making realistic goals in revenue/profits for the corporation that is approved by Boards of Directors and stockholders.

Then if I were a CEO, I'd start emptying my own wastebaskets, have my job description reclassifed as an extremely well paid "janitor" and give the title of "CEO" to the guy who mops the floors.

51 posted on 02/03/2009 7:56:35 PM PST by Mygirlsmom (Hope is gone. Change is coming.)
[ Post Reply | Private Reply | To 35 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson