Earlier he asked why liberals were so upset about the obscene salery's paid CEO's in America today, at first I gave off the usual litany of why right down to Lay, Ebbers, Koslowski, Skilling, and Nardelli, but he made the staement that CEO's are worth thier weight in gold, I took a moment to do the math, Gold is currently going off at about $679.00 per ounce, 16 oz to the pound and let's say for the sake of arguement the average CEO weighs 200 lbs, OK I'll pay him his weight in gold since it will save the company HUGE money, the CEO Would ONLY be paid about $2,172,800.00 annually I'll settle for that over $20,000,000.00 and invest part in pensions and part in increased hourly wages for ALL employees WOW who thought I could find a place to agree with such backward thinking
2007-04-07 12:43:23 · 5 answers · asked by Anonymous in Politics & Government ➔ Politics
Keep in mind some CEO's also make upwards of 40 mil when you figure in stock, pensions, perks, etc
2007-04-07 12:51:45 · update #1
To my third poster, America's waking up my friend you're seeing the beginning of a share holder revolt over this crap, new alliances are being forged and investors are actually taking the lead role as they should since it's a good chunk of their investment getting pissed away on this obscenity
2007-04-07 12:57:46 · update #2
Oh I almost forgot the shareholders who helped finance the company should get a chunk too
2007-04-07 13:02:55 · update #3
I lost my pension so that a CEO could have his billions. The face of our country is going to change dramatically if something isn't done about the greed in corporate America.
2007-04-07 12:58:18 · answer #1 · answered by tttplttttt 5 · 1⤊ 0⤋
It is called the free market. No one is forcing the board of directors at these corporations to pay these guys that kind of compensation and if the stock holders object....they can change out the board.
Why do pro atheletes make the money they do? Because someone is willin to pay them. America you got to love it.
2007-04-07 19:55:58 · answer #2 · answered by dr_methanegasman 3 · 0⤊ 2⤋
Thank you for the great attribution to this site!
To answer the question,I do now after reading the details
2007-04-07 19:56:16 · answer #3 · answered by justgoodfolk 7 · 2⤊ 2⤋
Well played,my good man,well played.
2007-04-07 19:46:26 · answer #4 · answered by Zapatta McFrench 5 · 2⤊ 0⤋
Who is still changing your diapers...you will never be there!
2007-04-07 19:51:16 · answer #5 · answered by Anonymous · 0⤊ 4⤋