WE NEED YOUR HELP!
Please donate to keep ReaderRant online to serve political discussion and its members. (Blue Ridge Photography pays the bills for RR).
Re: executive compensation... Gotta share this one with you...
This AM, on one of the financial channels, host was interviewing a wise, renowned gray haired "expert"... Conversation went something like this...
Host: "What do you think of the public's feeling that the top executives should not receive the multi million dollar pay outs and bonuses."
Guest: "That would not be a good idea. It will be necessary to pay these salaries to attract the kind of executives that will be able to handle the complex management challenges that are facing us during this recovery".
You couldn't make this up... Just imagine... paying the CEO who just ruined the company $140,000,000, to save it after the government buys all the garbage debt.
Just when you thought things couldn't get any goofier.......
