roger maxims

Credit Crisis Sharpens Anger Over CEO Pay

Egg: No, it is not right to compare CEO pay to MLB players. The whole baseball team is made up of a dozen or so players, each of them is capable of changing the outcome of the game. And they alone bring in all that sponsor revenues.

And no again, US CEOs can easily go to Japan (Carlos Ghosn for Nissan) or Dubai or London etc to get exactly the same pay, parachutes and pancakes from Mackey Dees. This is because you cannot learn management skills of a multinational with 100k workforce by running a small factory in the countryside or getting an MBA from Harvard.