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    U.S. Congress summons executives over their pay deals during mortgage crisis.
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    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 is expected to shed some light on how Wall Street's compensation philosophy may have contributed to the mortgage boom. Full Article at International Herald Tribune
    When companies fail to perform, should they give millions of dollars to their senior executives?
    SOURCE: International Herald Tribune 21 months ago
All quotes from:
U.S. Congress summons executives over their pay deals during mortgage crisis.
  1. 'When the business does well, all shareholders do well. But if the business does not do well, the value of that compensation can plummet.
    SOURCE: International Herald Tribune 21 months ago
  2. 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: International Herald Tribune 21 months ago
  3. There seem to be two economic realities operating in our country today
    Henry A. Waxman – Henry A. Waxman SOURCE: International Herald Tribune 21 months ago
  4. In short, as our company did well, I did well
    SOURCE: International Herald Tribune 21 months ago
  5. The reality is that I received no severance package
    SOURCE: International Herald Tribune 21 months ago
  6. From a shareholder perspective, it is not possible to justify that payment
    SOURCE: International Herald Tribune 21 months ago

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