The public may resent high CEO pay, but it makes CEOs part of the celebrity 
culture.
Why would anyone take an interest in Donald Trump.  Jack Welch was a rock star 
of
business -- until the aftermath of his divorce.  Remember Lee Iaccoca?

> Carrol writes:
> >A) Does the public as a whole see CEOs in that light? I haven't paid
> much attention to the matter, but my vague impression is that a large
> share of the public (i) disapproves heartily of high pay for CEOs but
> (ii) doesn't think anything can be done about it, and anyhow other
> issues are more important????<
>

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu

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