Tag

CEO pay

My Strategy for Reining in Obscene CEO Compensation

Average Fortune 500 CEO Annual Pay Now > $15 Million.  A YEAR. “A Walmart employee earning the company’s median salary of $19,177 would have to work for more than a thousand years to earn the $22.2 million that Doug McMillon, the company’s chief executive, was awarded in 2017.” –“Want to Make Money Like a C.E.O.? Work...
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21st Century Totem: the Luxury Box

Or Is That, “Anti-Totem?” I’ll leave my reaction to (re)watching “Rocky” 36(!) years later for another post. But, what I noticed — besides all the bare office desks (what, no PC monitors??) — were the differences between sports arenas then and now. The backdrop for the movie’s climactic fight scene is the old Philadelphia Spectrum, host...
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“Where are the Shareholders’ Yachts?”

Risk Without Return, Pay for Non-Performance  An out-of-town visitor was being shown the wonders of the New York financial district. When the party arrived at the Battery, one of his guides indicated some handsome ships riding at anchor. He said, “Look, those are the bankers’ and brokers’ yachts.”  “Where are the customers’ yachts?” asked the...
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Proposal: A U.S. "Dividend Holiday"

Tapping Corporate America’s Cash Hoard to Reward Investors & Stimulate the Economy Money is like manure; it’s not worth a thing unless it’s spread around. –Thornton Wilder Let’s see if I’ve got this right . . . The economy is decelerating now because the federal stimulus to date has run its course, and additional federal...
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