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Politics : View from the Center and Left

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To: TimF who wrote (92590)	10/31/2008 1:00:26 PM
From: Cogito	Read Replies (1) of 541659

>>The answer is deceptively simple:You have to pay an executive more than he could make running his own private company. Anyone capable of running a large corporation could also run his own business. Anyone capable of convincing a group of investors to let him run a publicly traded company could just as well convince a group of investors to fund a private venture. << Tim - It's not quite so simple, I don't think. If they start their own company, they won't get the guaranteed salary, bonuses, or a golden parachute if it fails. There is much more risk involved in a startup, no matter how talented the CEO might be. - Allen

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