Executive compensation is completely ludicrous
Arbi Llaveshi / October 31, 2011 at 7:36 PM DT
What would these justifications do? Would that mean that the U.S. government would have to institute wage caps for individuals?
Ed Bradford / November 6, 2011 at 6:56 PM ST
For financial companies with 'fiduciary responsibility' write a one page Federal law that says:
"LIMITED LIABILITY CANNOT BE ENFORCED ACROSS STATE LINES, STATE LAW NOTWITHSTANDING."
Dick Fuld, Frankin Raines, Hank Paulson, Jamie Dimon and Lloyd Blankfein would have play vastly different tunes in the 2001-2008 time frame is their skin was "all in" the game.
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