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Angus Austin's picture

Required Reading

bkm125's picture

More required reading

Add the new Leveraged Sellout post to the list of required reading. It's a nice break from all the terrible news of the last week and a half.

MMBinNC's picture

that is the most liberal

that is the most liberal article i have ever read. CEO's compensation killing sick children...comon...
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So what do you do?
-I work for an investment banking firm.
Oh okay; you are like my brother, he works for Edward Jones.
-No, a college degree is required in my profession

El_Terrible's picture

Kids

bkm125 wrote:

Add the new Leveraged Sellout post to the list of required reading. It's a nice break from all the terrible news of the last week and a half.

Do it for the kids.

Philosopher's picture

Well CEOs ARE overpaid

Well CEOs ARE overpaid because the job market for CEOs is not an open market. And their compensations are not priced by the market but rather by their friends appointed, in some way or another, to the board of directors.

So wrap your heads around this... you can be a conservative-capitalistic-believer-in-free-markets and still conclude that American CEOs are overpaid.