Tag Archive | "Bud Crystal"

CEO Gets Paid HALF Company’s Revenue, Which Has Never Made Profit–And Another Gem

Well, it’s the usual report from the pig fest AKA the annual analysis of CEO pay. Each year brings a ceiling-shattering example of greed. This year, it’s Charif Souki. Oh, and there is another gem to share as well.

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CEO Pay: Cronyism and Corruption, Not Competition

We hear an enduring myth: the "free market" decides who gets what in an efficient dance of allocation of resources through competition. Garbage. Especially when it comes to CEO pay–though apparently there are some who want to continue the myth of competition.   Over the weekend, I caught this in the NYTimes business section–an excerpt […]

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