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Politics : Mainstream Politics and Economics
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To: Broken_Clock who wrote (49970)8/1/2013 10:42:29 PM
From: i-node  Read Replies (1) of 85487
 
>> Do you think a CEO that runs a company into the ground should be paid $6,000,000 a year for life after he's thrown out?

Can you define "runs a company into the ground"?

Highly compensated individuals usually have employment contracts that are designed to protect them in the event things don't work out. For whatever reason. That is every bit as legitimate a form of compensation as wages, health benefits, or hourly pensions.

Do you think teachers who have to put in a "rubber room" should be allowed to draw pensions? Should a big shot at IRS who takes the 5th before Congress get three years of paid administrative leave before termination?

I'm not sure I see the difference -- assuming, that you can define "runs a company into the ground" in a reasonable manner (I'm not sure anyone can do so).
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