jeff
2008-04-20 12:08:36
–Its private business and it’s not the public’s concern.
When corporate boards are filled with with CEO’s who all “scratch each others backs” and grant each other huge salaries it’s incestuous. If their pay was truly market driven it would be fine by me whatever they make but it’s not. Small stockholders are being ripped off and really have no way of correcting the situation other than just sitting out of the market. Publicly traded business are not private and they have responsibilities to their shareholders. Business should clean it’s own house or they’ll have another Sarbanes Oxley to contend with.
