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CEO Pay - A Systemic Failure

Doug Smith has a brilliant post on his blog about Treasury Secretary John Snow who "maintains the widening gap between high-paid and low-paid Americans reflects a labor market efficiently rewarding more-productive people."

What a joke.

The Economist spoke to this a while back. As did good old Drucker, who called executive pay "looting."

See here>>

Posted by Christian Sarkar on March 23, 2006 9:04 AM |

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Comments

This is one subject where I agree with Barney Frank (yikes)... the trial of Dick Grasso should be very revealing.

Posted by: laurence haughton | March 23, 2006 2:56 PM

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