Stephen Russell wrote: > On Fri, Aug 28, 2009 at 12:06 AM, MB Software Solutions, > LLC<mbsoftwaresoluti...@mbsoftwaresolutions.com> wrote: > >> Michael Madigan wrote: >> >>> Mike, >>> >>> Almost all companies take Government money in some form. Should companies >>> that sell to the Government also limit their CEO pay? >>> >> How about a rule that says the CEO cannot make more than 400x the lowest >> paid worker. That might sound harsh, but c'mon...400x. That's FOUR >> HUNDRED TIMES. So in ONE DAY'S WAGE, the f*cking CEO makes more than >> Janitor Jim makes ALL F*CKING YEAR. Say Janitor Jim makes $25,000 per >> year. That means the CEO cannot make more than $10,000,000. Now you >> and I both know that there are CEOs out there who are basically RAPING >> the system with their salaries that are much much higher than that. And >> I cannot for the life of me understand why/how they can negotiate >> compensation "golden parachute" packages that allow them to profit >> HIGHLY when they f*ck up and get fired. That's just plain insanity in >> the "good ol' boys club" of corporate America. Total bs, imo. >> > ----------------------------------- > > > In your example why is the Board of Directors giving their hard earned > profits away to this CEO? They are the ones who decide his/her > revenue structure. > > Why are you going to make LAWS to fix a problem that is only in your > vision not theirs? > Same thing said the rapist when they told him it was against the law. If govt thinks controlling CEO's earnings is in the benefit of the country then it has every right to say it won't make business with those who don't comply, just applying free market rules, if you don't like it then take your business elsewhere. Besides which, I don't think it takes a law, you just put the condition in every bidding (amongst the other conditions for the public contract) and that's it. (though I'm not really sure about how that really is in usa)
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