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Politics : Politics for Pros- moderated
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To: LindyBill who wrote (127798)7/27/2005 8:59:30 AM
From: Constant Reader  Read Replies (3) of 793838
 
We are now playing defense. A top C.E.O. wants to be paid not based on his performance, but based on the average of his four main rivals! That is like Lance Armstrong's saying he will race only if he is guaranteed to come in first or second, no matter what his cycling times are on each leg.

I may not agree with the whole article but this paragraph hit home for me. As a lowly shareholder, I am appalled by the sweetheart deals cooked up in far too many boardrooms that pay out excessive rewards for what too often proves to be complete incompetence.
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