Free Republic

Many of the highest paid CEOs are profiting at the expense of their stockholders – and at the expense of American taxpayers, according to a study released Wednesday morning by the progressive Institute for Policy Studies.A surprising 38 percent of these corporate titans were either fired involuntary, led companies that were penalized for fraud, or received a taxpayer bailout after the 2008 financial crash.“This report should put an end to any remaining sense that we have ‘pay for performance’ in corporate America,” said Sarah Anderson, a co-author of the report and a director at the Washington-based think tank.Most CEOs defend...