theobannion

Top Paid CEOs Did Not Perform Well as a Group in 2008

Managers as a class are bureaucrats, and the most valued bureaucratic skill is interpersonal politics. This is why you and I earn what we earn, and the CEO of Motarola earns what he earns: He's a much better manipulator. That these people are paid their outrageous incomes has very little to do with the tired refrain "We have to pay our best & our brightest, or we'll lose them to the competition." If these con-artists are the best and the brightest, let the competition have them & good-riddance.

Some of them, in fact, should be in prision. But who will prosecute them? They own the government.

SOB.