Forget the AIG bonuses…

… this is the real scandal:

picture-3Source: FT

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Likely much of this outrageous differential was CEOs of tech companies being paid in stock options while their companies grew exponentially (until the bubble burst). This was based on the idea of profit-sharing but obviously most of the profit was “shared” with the executives not with the workers. I wonder how the Obama administration will be able to regulate executive salaries without destroying ‘free enterprise’ as we know it? Any suggestions?

 

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