Legally, I don't know how you do it.

There are laws defining filings, stock sales, voting, taxes, perhaps there 
should be laws defining maximum compensation for CEOs of publicly-held 
corporations.

What would it be?  Maybe no more than 10% of profits with a minimum 
not-to-exceed 1 million.


************************************************************************
Right Wing Mike

http://www.cafepress.com/rightwingmike

Bigfoot Hates Obama

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I Wish Hillary had married OJ

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--- On Mon, 8/4/08, MB Software Solutions General Account <[EMAIL PROTECTED]> 
wrote:

> From: MB Software Solutions General Account <[EMAIL PROTECTED]>
> Subject: [OT] CEO pay out of control (was Re: [OT] Drill now Exxon can beat  
> another record only if we DRILLLLLLLLLL!!!!)
> To: "ProFox Email List" <[email protected]>
> Date: Monday, August 4, 2008, 3:29 PM
> Michael Madigan wrote:
> > I think CEO salary should be linked to either company
> profits or stock
> price.  No way a CEO should be making millions of dollars
> if his company
> is losing money.
> >
> >
> > Base + incentive and the base is very low.
> >
> > Clearly the oil comanies can afford to pay their CEOs,
> but not the
> failing mortgage banks.
> 
> 
> How do you put some sort of controls on this without
> imposing a
> Socialism kind of scenario?  It's true that the CEO pay
> is absolutely
> way out of control, yet you don't hear the media all
> over that story
> except very rarely.
> 
> 
> 
> 
> 
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