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To: RockyBalboa who wrote (42948)	6/15/2008 3:42:13 PM
From: Lizzie Tudor	Respond to of 57684

there is a CEO pay problem and the reason CEO pay is inching up is because the worldwide labor force is now competing for the same jobs (thanks to the internet and other advancements)- so in essence we have a 3rd world-ish type of compensation structure now, similar to latin america where all the wealth is at the top. Big problemo I agree but the way to solve it is not by charging various CEOs criminally for smoking pot- relying on the public outcry against the PAY to convict them on what are otherwise stupid grey area activities many of which are not even illegal. Thats what Elliot Spitzer did, find some business guy like Frank Quattrone that legally made a ton of money on the system, then find some grey area business practice that everybody was doing like allocating hot IPOs to CEOs for collutive business some other legal but advantageous out in the open practice, charge the guy criminally and let the public throw tomatoes at them. If they are going to harass a CEO I would rather they go after somebody who was not an entrepreneur like Henry Nicholas of BRCM. The CEOs that are hired to run profitable companies like Kevin Rollins are the most overcompensated, not the people that build those firms, their money is something they earned usually by building the company. Of course the public doesn't get that.