(March 11, 2016 at 12:26 pm)Minimalist Wrote:(March 11, 2016 at 11:52 am)Rhythm Wrote: CEO =/= owner. Forgive me for being unclear by using the terms employer and employee. Those shareholders, in your example, would be the owners...and they assume the risk the CEO is smart enough not to. Probably has something to do with him knowing himself. I'd liken a poor CEO to an employee with his hand in his employers till.
One of the big problems is the whole "stock option" system of rewards. It gives those corporate officers every incentive in the world to manipulate the stock price for their own benefit.
Unfortunately dems for far too long have allowed the GOP to paint us as anti private sector and our politicians as a result stupidly try to compete saying "we aren't commies". The result of 30 years of playing their game and allowing them to control the narrative has gotten us nothing. Dems need to stop playing that game.
