The earnings at these companies don't have an imposed ceiling. Want to make more money? Make the company more profitable. This is supposedly what stock incentive plans are supposed to do.
Poorer performance than AIG, GM, Enron, Citybank and others where the top people were making a fortune? And where are they going to go? There's no country in the world where top executive rates are as high as here. With this in place, they'll be closer to they are elsewhere, that's all. And there aren't all that many positions open for people at that level. Why would a French company oust their current president for an American?
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timeasmymeasure
no subject
Date: 2009-04-09 02:51 pm (UTC)Poorer performance than AIG, GM, Enron, Citybank and others where the top people were making a fortune? And where are they going to go? There's no country in the world where top executive rates are as high as here. With this in place, they'll be closer to they are elsewhere, that's all. And there aren't all that many positions open for people at that level. Why would a French company oust their current president for an American?