"Too_Many_Tools" wrote in message
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On Mar 9, 10:58 pm, Millwright Ron wrote:
On Mar 9, 10:07 am, Ignoramus14968 ignoramus14...@NOSPAM.





14968.invalid wrote:
There is much consternation about CEO salaries, but not as much clear
thinking.

The argument that suggests that CEOs in public companies are
"overpaid" is based on visibly very high salaries, and the ssumption
that CEOs wield so much influence over boards and compensation
committees, that they are able to "negotiate" overly generous
compensations.

That assumption may or may not be true.

TO find out whether it is true is actually very easy. All one needs to
do is compare CEO salaries in public companies, with CEO salaries in
comparable non-public (privately owned) companies, where the owner is
not the CEO. Presumably, the private owners who hire CEOs negotiate
their salaries at "arm's length" and the private company CEO salary is
a good indicator of what is fair.

Since I am unlikely to have come up with such a simple comparison idea
first, some studies must have been done to this effect.

Is anyone aware of any such comparisons?

My question is -- when C.E.O.s have finally succeeded in laying off
the entire North American economy, forcing everyone to become a McJob
holding Wal-Mart wage slave, who the hell will be able to afford your
products? Are former Ford employees going to buy Fords? Are Hewlett-
Packard employees who have been screwed around by HP going to buy HP
products? Are people with no jobs, or poverty-level waged jobs, going
to be able to afford anything?
Millwright Ronwww.unionmillwright.com- Hide quoted text -

- Show quoted text -

Their business plan calls to relieve America of its cash and then move
on to other countries...America is where the cash is/was...Asia is
where it will be.

Parasites are like that.

TMT

Carl Icahn is making a hostile takeover bid for the country. If he can buy
two more seats in Congress he'll probably get it. Then he'll sell the Statue
of Liberty to China for scrap bronze and lay the rest of us off.

Laissez-faire, ya'll.

--
Ed Huntress