CT Programmer

Is MBIA's Executive Compensation Fair?

Wow, I'm famous. ;-)

I hope he gets the full $65 million, because that will mean he's taken this stock from the dumpster back up 2/3 of the way to where it was before. How? I don't know. They've got a lot of money and will figure out a way to leverage that to make a return. If I knew enough about how that could be done, then I would be a CEO making $65 million. But I don't and that's why I, like most everyone else, invest in companies and don't run them. And some of the damage will be mitigated merely by time. Part of the share appreciation has been just that. But I give kudos to Brown for what he's done --- taking on the shorts, explaining things clearly to shareholders to avoid panics, and devising plans to make money. I have no problem with compensation for performance. Maybe he'll take me out for a spin in his yacht.