Fairness

Wall Street Breakfast: Must-Know News

Enough with that “performance” brainwash and false excuses! Pay caps should be more then excellent news to every shareholder: our company’s earnings distributed to us, and not robbed by greedy conspirators. That would be wonderful news to shareholders like me… Congress needs to be way more aggressive in reigning in these white collar criminals who drain company recourses and enrich themselves by maximizing risk taking and driving our companies into the ground.
I would have the executives BUY their own shares, with their own money, if they want to lead my company; hear me out, NO OPTIONS either, unless they buy it, well maybe a 10-15% discount as we all get in good times at the supermarket. That way, freed from the current risk-boosting "own-compensation-maxi... schemes, they would concentrate on making all of us richer, not just themselves.
Sure, as a shareholder, I can accept my company’s CEO getting rich that way, just share the wealth with me, the real owner.
YES! An absolute and resounding YES vote for "Pay Czar" here! The white collar highway robbery needs to stop now! Go Obama, don't be soft, and don't give in to the white collar criminal conspirators.

Wall Street Breakfast: Must-Know News

Recycled.
The obscene executive compensation payments are major part of the problem, as it was exposed by this financial crisis as outright fraud.
Generally speaking, no executive is worth getting paid more then the ultimate CEO, the US president.
No one, no matter how clever or educated, should be allowed to rob their employees and shareholders as shamelessly as the executives do nowadays. The irony of it is, it's all done legally, under the regulators' watchful eye; highway robbery nevertheless. That needs to stop, in the name of fairness, and in order for the investor to regain confidence in our financial structure and business concept.
Since companies cannot do it themselves, Congress needs to cap executive compensation by law at about the US president's salary level, and index it for inflation. At the very least, executive pay maximums should be tied to a reasonable multiplier of their lowest paid employees’ compensation. If we don't want people to revolt against being robbed by the government too (read heavily taxed) in order to bail out these shameless executive thieves, and keep them doing more of the same, Congress needs to act now. Not until some sort of cap is implemented, we shall see abuses and excesses disappear.