The 8 Most Overpaid CEOs In America - BusinessInsider

[WillyT]

Link: http://www.businessinsider.com/these-are-americas-most-overpaid-ceos-2011-10#8-kevin-sharer-1

:shrug:

:kick:

[PETRUS]

1. K&R but remember:

These people are predictable products of our economic system. Weeding out bad apples just makes room for the next rotten crop. Structural change is necessary.

[krispos42]

2. The position itself is over-paid.

Removing the person leave the position.

[PETRUS]

4. True indeed. nt

[woo me with science]

11. Thank you. This is key.

There will be a constant push to portray this battle as one group of human beings against another group of human beings, with the solution being that we must understand and compromise with each other.

It is not. It is a battle of human beings against inanimate, unfeeling, profit-driven corporate structures that are impoverishing us.

[Turbineguy]

3. I'll have to send them a few CV's

"OBJECTIVE: To run the Company into the ground and leave in 6 months with a fat severance package."

[DesertFlower]

5. can imagine why anyone needs

that much money. how many houses can you own? how many cars can you drive? how many yachts?

[exboyfil]

7. You sound like Bud Fox

Bud Fox: How much is enough?
Gordon Gekko: It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.

Is there anyway to appeal to the nobility of these managers for hire (ha ha I just said a joke)?

[TygrBright]

9. It's not about "what anybody needs." It's about KEEPING SCORE. n/t

[Leftist Agitator]

6. These assholes are making MILLIONS...

And every single one of them saw their stock price decline, sometimes precipitously.

In what other job can one have a record of abject failure, and not only not get fired, but be paid millions?

[proud patriot]

8. grrrrr

[moondust]

10. "Peer benchmarking"

...researchers have found that about 90 percent of major U.S. companies expressly set their executive pay targets at or above the median of their peer group. This creates just the kinds of circumstances that drive pay upward.

http://www.washingtonpost.com/business/economy/cozy-relationships-and-peer-benchmarking-send-ceos-pay-soaring/2011/09/22/gIQAgq8NJL_print.html

Our corporate ego is bigger than your corporate ego!

Let's play leapfrog!

http://www.ritholtz.com/blog/2011/10/ratcheting-up-ceo-pay-with-peer-comparison/

Compensation Benchmarking, Leapfrogs, and the Surge in Executive Pay

[daleo]

12. And they set the pay of regular folks at or below the median

As far below as they can drive it. This creates the circumstances for a race to the bottom, for everyone except upper management.

[moondust]

13. "More for us, less for you!"