[Poohbah]

The huge money/perks pay-outs to some CEO's seems very out of line with what CEO's used to receive say, 15 years ago.

Which was when Congress, in a fit of class warfare envy, capped CEO salaries at a significantly lower level than the national average at the time. I'm SURE you thought that was a great idea.

The Law of Unintended Consequences is always a hidden amendment to any legislation of this sort.

CEOs started getting paid in stock options because they could NOT be paid actual salary above a certain level. Wise CEOs negotiated clauses that ensured that they could lock in any increases, even if they stock started falling afterward.

It would have been a lot simpler to just not have a CEO salary cap, and keep things on a basic level: "Yo, profits were up 27% last year, so's your salary, have a nice day."

But the Democrats didn't cotton to that.

[hchutch]

It's just class warfare - and folks don't realize that we really do need the richest 1% more than they need us.

[Tribune7]

The Law of Unintended Consequences is always a hidden amendment to any legislation of this sort. CEOs started getting paid in stock options because they could NOT be paid actual salary above a certain level. . . .It would have been a lot simpler to just not have a CEO salary cap, and keep things on a basic level: "Yo, profits were up 27% last year, so's your salary, have a nice day."

Good points.