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Old 24th Jul 2021, 00:56
  #23 (permalink)  
megan
 
Join Date: Mar 2005
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AND there is very strong data that shows there is NO correlation between executive salaries and the success of corporations- some of the biggest corporate disasters have been helmed by some of the best paid CEOs
No better example is the bankruptcy of Lehman Brothers in the financial crisis, after the government bailed them out the execs paid themselves big bonuses for having saved the company. Should have been in jail because of the corrupt dealings that caused the crisis in the first place. Privatise the profits and socialise the losses indeed.
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