Comments on: More on Obscene CEO Pay

By: Curious Cat Management Improvement Blog » Tilting at Ludicrous CEO Pay

Curious Cat Management Improvement Blog » Tilting at Ludicrous CEO Pay — Sun, 06 Dec 2009 13:53:46 +0000

Even as they spout defenses for such unjustifiably pay packages they know the pay is not defensible and so try to confuse the issue with byzantine explanations. Lets look at the CEO pay versus total earnings for several companies…

By: Curious Cat Management » Looting: Bankruptcy for Profit

Curious Cat Management » Looting: Bankruptcy for Profit — Fri, 19 Dec 2008 17:56:45 +0000

People, that are not honorable, and are given huge incentives to risk the future of all the other stakeholders for immense personal gain will do so…

By: Curious Cat Management Improvement Blog » CEOs Plundering Corporate Coffers

Curious Cat Management Improvement Blog » CEOs Plundering Corporate Coffers — Wed, 22 Oct 2008 12:33:18 +0000

[...] I stole from this hellhole.” Unfortunately we still have far too few people that see the obscene behavior of CEOs and their brooks brother bureaucrats as unacceptable. The behavior of many of them has been similar [...]

By: Curious Cat Management Improvement Blog » Exposing CEO Pay Excesses

Curious Cat Management Improvement Blog » Exposing CEO Pay Excesses — Mon, 20 Oct 2008 02:47:57 +0000

Thankfully, more of the ludicrous pay packages details are being made public and shame will force some changes (those approving these pay packages have to justify such reckless spending). Of course, some feel no shame no matter how egregious the situation…

By: Warren Buffett Webcast on the Credit Crisis at Curious Cat Investing and Economics Blog

Mon, 06 Oct 2008 21:42:56 +0000

[...] “I don’t like what is going on with executive compensation“ [...]

By: CuriousCat: Fairness Matters

CuriousCat: Fairness Matters — Mon, 09 Jun 2008 19:20:06 +0000

“humans care a great deal about how they are being treated relative to others. In many ways, fairness seems to matter more than absolute measures of how well they are faring…”

By: CuriousCat: Creating Jobs

CuriousCat: Creating Jobs — Sat, 19 Jan 2008 15:03:18 +0000

If you assume the lean company grows sales at the same rate as some poorly management company then it may well be that the lean company creates fewer jobs. However that is not a valid assumption…

By: curiouscat

curiouscat — Sun, 09 Sep 2007 22:23:33 +0000

I think the evidence is very strong that executives that line their pockets (see all the links above for plenty of evidence and supporting opinions and: Tilting at Ludicrous CEO Pay - No Excessive Senior Executive Pay at Toyota - Drucker on CEOs paying themselves millions) at the expense of the other stakeholders do not create value. The situation bears most resemblance to exploitative dictators that provide massive payoffs to cronies to sustain their looting of the countries they oversee. People are free to believe in the worth of such looters if they wish. I just hope people that believe such things don't vote on board of directors in companies I own stock in. I don't want my investments spoiled by massively overpaying a few people at the expense of the owners, customers, workers and other stakeholders.

By: James

James — Sat, 08 Sep 2007 12:41:08 +0000

I think this is to be expected under the New Economy Model whereby whoever creates the massive values or perceived to be able to create massive values are given the big carrots. That is until they proved otherwise.

By: Curious Cat Management Improvement Blog » Jim Press, Toyota N. American President, Moves to Chrysler

Thu, 06 Sep 2007 17:36:20 +0000

I would imagine he is getting a huge amount of money. And I would guess it will encourage those that think you have to massively overpay executives or lose them to that that will overpay them. I don’t think it is wise to pay huge sums to executives. If that means you lose some, fine, continue to manage your system well and things will still work out fine for you…