This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 2.5 License.                             the guys: philogynist jaime tony - the gals:raymi raspil


Ohh, Wall Street..
Michael considered fate at 13:06   |   Permalink   |   Post a Comment

Dudeguy, did you see this timely article in Slate: ?
Is it possible this is all less interesting than it seems? Sounds reasonable, although I'm compelled to disagree with "compensation committee members are . . . for the most part doing their best" if this author's data show that compensation committees are overpaying CEOs at a rate of 5%compounded yearly for several decades with no market correction. 

Hard to say but, still.. Slate? Yeesh! 
Not to beat a dead horse or anything, but .. let's be honest, it still seems to be kicking. Last year Wall Street firms paid out $18.4 billion in bonuses while accepting more than $50 billion in government bailouts. If that doesn't make your blood boil, how about this:

CEOs made 344 times more the average worker in 2007, according to a survey from United for a Fair Economy, which targets economic inequality. That's up from less than 150-to-one in 1992.

Powered by Blogger

Check out heroecs, the robotics team competition website of my old supervisor's daughter. Fun stuff!
Page finished loading at: