I have no problem with the founder of a company paying himself whatever he wants. After all, the founder took all the risks, and should get all the rewards.
But I do have a problem with the CEO's who stuff the company's board with lackeys. The CEO makes sure the lackeys get paid $100,000 each to meet a couple of times a year, and the lackeys make sure the CEO's get obscene raises.
Union mindless greed can destroy a company. But so can CEO mindless greed. Sure, the union greed costs more. But the CEO greed tends to destroy the morale of the company.
Well put.