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If CEO salaries are tied to risk . . .

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Paula Sims Donating Member (327 posts) Send PM | Profile | Ignore Tue Sep-23-08 06:02 PM
Original message
If CEO salaries are tied to risk . . .
OK, we've all heard the clap-trap that the "reason" that CEO salaries MUST be so high is that they're taking on a greater share of the risk in running their companies. OK, assuming we buy that, doesn't it also stand that risk is a two-sided sword, and if the company doesn't go down then their salaries shouldn't be so high? If Paulson & the other * cronies want their $700b bailout, fine, BUT NOT A PENNY GOES TOWARD UPPER EXECUTIVE SALARIES!! That's why they call it risk.

Silly me, there I go just being a logical liberal again!
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glinda Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 06:07 PM
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1. TRILLION DOLLARS BUYS THE CONSTITUTION
and they get paid too!!!!!!!!!
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catnhatnh Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 08:26 PM
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2. Paula, you joined DU the same month I did....
...but appearently post only when aroused. So Kick for a fairly senior DUer who finds their arguments as thin as I do.
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ddeclue Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 08:29 PM
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3. IF they were truly accepting more "risk" they would be personally
financially responsible for the losses. THAT would be fair.
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