Re:700 Billion bailout? Ebay it
by Prrometheus on Tuesday September 23, 2008 @10:23AM
(#312396)
>On the subject of executive compensation, if they need government bailout money, take away 100pct of exit pay and any bonuses. Let them quit if need be.
>If you think you cant find someone else to take the current CEOs place,think again. No matter what number they pick for the CEOs compensation, its more than a lot of very smart people are getting paid elsewhere and those people would be more than happy to take a raise and replace the CEO who just took about his/her company
You can find plenty of smart people for a minimal CEO salary, but not smart people with any sort of executive experience. Some of this is populist drivel.
>If you think you cant find someone else to take the current CEOs place,think again. No matter what number they pick for the CEOs compensation, its more than a lot of very smart people are getting paid elsewhere and those people would be more than happy to take a raise and replace the CEO who just took about his/her company
You can find plenty of smart people for a minimal CEO salary, but not smart people with any sort of executive experience. Some of this is populist drivel.