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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.04-0.3%3:59 PM EST

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To: RetiredNow who wrote (63796)5/4/2003 8:01:19 AM
From: RetiredNow  Read Replies (4) of 77400
 
Hi all, I've been complaining about CEO pay for a long time. A little while ago I posted about how I was becoming more socialist as I got older, in part because of my disgust over the huge discrepancy between the executives of a company and the line managers and staff. My feeling was that executives are grossly overpaid in this country. I mean at what point does money no longer become and incentive, especially when you are earning millions a year?

Anyway, Buffet seems to think the same thing, which makes me think I'm on the right track:
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