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Eric Jackson » Comments » DELL
More on DELL by Eric Jackson
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HP's Executive Comp Is Troubling in a Year of Worker Pay Cuts [View article]
I'm as big a free market capitalist as you can find. But, what's going on at HP isn't free market capitalism -- it's crony capitalism, slipping by big pay and perks past unsuspecting shareholders when performance has been poor. Remember the stock is down 5% in the last 2 years.
All the credit for turning this company around 4 years ago, which revived the stock. The senior execs deserve their due and pay for their part in that. My point is that story ended 2 years ago. HP is now an average company (as far as the last 2 years go) -- which looks much better thanks to Dell's stumbles. Therefore, as a recently average performing company, its execs should be paid accordingly and perks should be ended.