CEO’s Salaries Out of Hand
I really think it is admirable of the Goldman/Sachs CEO and other top executives to turn their million dollar bonuses back, but they are just one hundreds of corporations whose stockholders approve those bonuses. True, in the Goldman case the government furnished the funds for the bonuses, but for the other companies, come on, enough is enough. Are these guys really worth that much..what is it they do that I or you could not do? Is it who they know? That can’t be it since most of these guys are not on Twitter, where I have been told a million times you have to be to be someone..
OK, enough of my rant, the issue here is executive salaries..they have gotten too high and they are not really bases on their true performance. Lets see what happens with the auto industry in these coming months..that industry has a double edged sword they are going to fall on.
Goldman Chiefs Give Up Bonuses - WSJ.com
