I agree....
Since they are getting OUR TAX DOLLARS....the CEOs should be held accountable.
The Business Socialist mentality of letting these guys get overpaid for failure is total nutso. Their overpayment to begin with is one reason why these companies are tanking
Even if they remained in the private sector....executive overcompensation is bad....it means stockholders (who truly own a public company) are getting less of a dividend.
And...never buy the “we need to pay for top talent” argument. There are fewer plum executive positions than the number of talented people able to fill those.
Funny how people go nutso over a welfare queen getting a government check....but give a failed CEO a pass when he/she receives, basicallly, a government check
1) So they move the corporate headquarters out of the country, costing tax revenue but limiting nothing.
2) The stock holders elect the board, they are responsible for the CEO pay.