Billionaire Executives and Owners are a lot like Royalty...someday the idea will seem just as stupid

[Bunnahabhain]

35. Further points

First, let's deal with your parenthetical close. Please detail to me where my post would indicate your conclusion. Please, be concise.

Next, you did not dispute my correction of CEO salaries. If you have the experience you say you do I think you know I'm correct and that reading your comment would lead one to conclude the person making that comment is unaware of how CEO salaries are actually set. I do agree with you that compensation committees and boards are not always giving proper oversight and governance but that is hardly a conversation your original post would raise. I do think SarbOx has helped. I know I sure as hell spend a few days reviewing before I sign off on my financials. While I was not asking for a 350 page plan of anything what you said was just factually inaccurate so I corrected it.

The Japanese economy you say. So how is that doing for say the last 20 years? I fail to see why anyone should look to them for economic advice. The last thing the US needs right now is 20 years of a deflationary cycle.

I think the very first thing we should do to change CEO compensation is simply rescind Section 162(m) of the IRS code. Holy fucking unintended consequences Batman.