gmodon

Fifth Third Bank: Drink Deeply of the Poison

Article and 1st comment dead on w.r.t. CEO and "peter principle". Too much golf and not enough hard work by the management yields temped results. The problem starts in Congress; write your state reps. and request simple legislation connecting publically traded company management's pay and all of their compensation to shareholder returns, with retroactive repayment if previous years of the company books have to be refigured due to accounting errors. This simple task would add a huge sense of clarity in redefining the work ethic of upper management. Privately held companies can do what they want, it their risks and rewards.