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    3 Executives Face Questions in Congress on Pay
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    But our nation’s top executives seem to live by a different set of rules.” The question before the committee, he said, was this: "When companies fail to perform, should they give millions of dollars to their senior executives?" The discussion was expected to shed some light on how Wall Street’s compensation philosophy may have contributed to the mortgage boom. Full Article at The New York Times
    When companies fail to perform, should they give millions of dollars to their senior executives?
    SOURCE: The New York Times 21 months ago
All quotes from:
3 Executives Face Questions in Congress on Pay
  1. With executive compensation you get what you pay for and you pay for what you get
    SOURCE: The New York Times 21 months ago
  2. If you make compensation all upside and no downside that will affect the executives assessment of risk. It will make it clear to him that he can easily offload the risk onto shareholders. It’s heads they win, tails we lose.
    SOURCE: The New York Times 21 months ago
  3. There seem to be two economic realities operating in our country today
    Henry A. Waxman – Henry A. Waxman SOURCE: The New York Times 21 months ago
  4. Most Americans live in a world where economic security is precarious and there are real economic consequences for failure. But our nation’s top executives seem to live by a different set of rules.
    SOURCE: The New York Times 21 months ago

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