Comments on: CEO pay http://www.bripblap.com/ceo-pay/ thoughtful personal finance, career and health advice Sun, 05 Feb 2012 07:46:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Curmudgeon http://www.bripblap.com/ceo-pay/comment-page-1/#comment-29760 Curmudgeon Mon, 03 Nov 2008 18:28:56 +0000 http://www.bripblap.com/?p=621#comment-29760 Hard to argue against your logic, but executive pay in a down economy is more emotion than logic. And when the company fails under the leadership of a highly paid executive, emotion turns to anger. And when government funds go to bail out that failed company and even fund a bonus, anger turns to rage.<br><br>But the CEO isn't blameless for a failure, and probably deserves to get fired for cause, which rarely happens. And, of course, the CEO in many cases gets to appoint the people who decide on his/her compensation, which seems like gaming the system. So while you're right, there is still room for just a bit of emotion. Hard to argue against your logic, but executive pay in a down economy is more emotion than logic. And when the company fails under the leadership of a highly paid executive, emotion turns to anger. And when government funds go to bail out that failed company and even fund a bonus, anger turns to rage.

But the CEO isn't blameless for a failure, and probably deserves to get fired for cause, which rarely happens. And, of course, the CEO in many cases gets to appoint the people who decide on his/her compensation, which seems like gaming the system. So while you're right, there is still room for just a bit of emotion.

]]> By: Curmudgeon http://www.bripblap.com/ceo-pay/comment-page-1/#comment-26230 Curmudgeon Mon, 03 Nov 2008 11:28:56 +0000 http://www.bripblap.com/?p=621#comment-26230 Hard to argue against your logic, but executive pay in a down economy is more emotion than logic. And when the company fails under the leadership of a highly paid executive, emotion turns to anger. And when government funds go to bail out that failed company and even fund a bonus, anger turns to rage.<br><br>But the CEO isn't blameless for a failure, and probably deserves to get fired for cause, which rarely happens. And, of course, the CEO in many cases gets to appoint the people who decide on his/her compensation, which seems like gaming the system. So while you're right, there is still room for just a bit of emotion. Hard to argue against your logic, but executive pay in a down economy is more emotion than logic. And when the company fails under the leadership of a highly paid executive, emotion turns to anger. And when government funds go to bail out that failed company and even fund a bonus, anger turns to rage.

But the CEO isn't blameless for a failure, and probably deserves to get fired for cause, which rarely happens. And, of course, the CEO in many cases gets to appoint the people who decide on his/her compensation, which seems like gaming the system. So while you're right, there is still room for just a bit of emotion.

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