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The CEO pay system is broken

April 18th, 2009 · Comments Off on The CEO pay system is broken

As if we didn’t know.. One of the winning CEO formula: have a friendly board (or board stuffed with friends) so that they can be ‘flexible’ with performance metrics, fire a lot of people to increase operating performance and hey, despite terrible overall figures, you can claim an increased/outsized bonus anyway..

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Tags: Reform Capitalism