Capping Pay Of CEOs Is the Way to Go
By Steven Pearlstein
...This focus on governance, transparency and eliminating conflicts of interest is fine as far as it goes. But two years after Enron broke into the national consciousness, I'm coming to think that it doesn't go far enough.
As Warren Buffett warned earlier this year, the litmus test for corporate reform is executive pay. Excessive pay warps the judgment and the ethics of executives while isolating them from the employees they are supposed to lead and the shareholders they are supposed to serve. It is the original sin of corporate malfeasance, the crown on the head of the imperial CEO...more [Washington Post]
How can any CEO be worth the kind of money that is getting dumped on them these days. It is an insult to the people who do the real work. Especially when they are getting rewarded for falling stock prices, and putting epople out of work...mj
9:57:39 AM 
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