BOT will like this one

[onthebottom]

My imagination is quite good.

We can easily measure how many point or rebounds an NBA player achieves or how many homers or strikeouts an MLB player makes. It's published every day in the paper with the person's name.

While stock performance is published, we know that stocks are very volatile and may represent the herd (among many, many other things), rather than anything a CEO does.

Still a bad analogy.

Not at all, look at the salaries of the starting players on the worse baseball teams......

OTB

 

[TOVisitor]

Not at all, look at the salaries of the starting players on the worse baseball teams......

OTB

You analogy still sucks because baseball players have agents who negotiate with unfriendly owners. It's an adversarial relationship.

In the case of CEO pay (and especially pay raises), who are the CEOs negotiating with? Usually no one, except for the board members who were hand-picked by the CEO. This one is symbiotic as worst.

 

[frasier]

In the case of CEO pay (and especially pay raises), who are the CEOs negotiating with? Usually no one, except for the board members who were hand-picked by the CEO. This one is symbiotic as worst.

Why is that a problem?

 

[onthebottom]

You analogy still sucks because baseball players have agents who negotiate with unfriendly owners. It's an adversarial relationship.

In the case of CEO pay (and especially pay raises), who are the CEOs negotiating with? Usually no one, except for the board members who were hand-picked by the CEO. This one is symbiotic as worst.

While I share that view to some extent (I think it's exaggerated here but lets go with it) but I think more of it is, well, like baseball. As the new hot player gets a fantastic free agent contract he sets the bar high, the next hotshot wants to top that...... if there is money, there is salary inflation where bidding wars are concerned. US earnings have been beating estimates for years.....

OTB

 

[TOVisitor]

Tell that to your stock broker or whoever manages
your retirement program. Ask him if you, as a stockholder,
are being ripped off for fraud. Yes, fraud. How can
they justify higher salaries when your investments
are tanking.

I am specifically referring to compensation to CEOs
when their performance does not parallel the value
of the investment.

In simple terms: Is the compensation justified based
on their performance? If the compensation is not
justified by performance it is either fraud or theft.

Naw, DQ. IOKIYAR.

 

[onthebottom]

Naw, DQ. IOKIYAR.

You think all highly paid CEOs are Republicans.... I think you'd be surprised.

OTB

 

[TOVisitor]

You think all highly paid CEOs are Republicans.... I think you'd be surprised.

OTB

Hey you were the one who just the other day was crowing about all the high-income people who had voted for BUsh.

LOL.

 

[onthebottom]

Hey you were the one who just the other day was crowing about all the high-income people who had voted for BUsh.

LOL.

Yeah, you folded like a bitch on that argument...

OTB

 

[WoodPeckr]

Yeah, you folded like a bitch on that argument...

OTB

NO, believe you lost that one to bot!
Your obfuscation is below par of late, perhaps a summer course is needed!...