Obama's got some cajones.

[Rhinox]

Not all CEOs are created equal...

Well lets exclude Small to medium size businesses then. what would be an overpaid CEO.

[Stiker]

So wait...Obama has the nerve to do something a good portion of America was bitching about after these folks got their bailout -- like you know the large bonuses and expensive trips and such.

Call me crazy, but this sounds like COMMON FUCKING SENSE!

[Tyche]

Are you looking for a dollar amount, because if you are, that's a stupid question...

[Rhinox]

Well let me give you a company and a Number and you tell me if someone is overpaid since you acknowledged that some CEO's are over paid.

would 1.3 billion dollars over 3 years at United Healthcare be considered overpaid for you?

what about 3.2 million a year and over 700 million in stock options is that overpaid?

[Seraph]

Are you looking for a dollar amount, because if you are, that's a stupid question...

Make it a dollar amount relative to the success of the company. I think his point is if the company is sucking balls, the CEO probably shouldn't be paid that much, and certainly shouldn't be getting raises or bonuses.

CEO salaries at companies that are doing well (despite the fact people may not think they should be doing well) is a different issue entirely though.

[eunhye]

So were against the TARP but don't care that the CEO's are using the money for bonuses? Does not compute.

Ahh you gotta love if then statements. If Obama hangs around with Reverend Wright, then Obama must hate white people too. Does compute.

[Rhinox]

Ahh you gotta love if then statements. If Obama hangs around with Reverend Wright, then Obama must hate white people too. Does compute.

lol What does this even mean?

[Xno Kappa]

ad hominem

Yeah...

[Tyche]

I think it's patently unfair to look at someone's salary alone and say whether they are overpaid or not. For someone who heads a multi-billion dollar group that turns large profit margins, lives at the office on 4 hours of sleep a night, and has a terrible family and social life, and provides employment for tens or hundreds of thousands of people, then they could write their own check for all I care. Not all these CEOs are taking Yacts out on the Mediterranean in between their offtime at Augusta.

[Mojo]

It means you're black and whiting situations that are clearly not black or white.

[Rhinox]

When a company has to charge more just to pay its CEO's salary then we have a problem is what I'm getting at.

which is the case with united healthcare.

Edit: btw you won't find anyone shedding a tear for a billionaire who chooses his success at the expense of his home life.

[Mojo]

I don't really know enough to comment about either situation, just sayin' that's probably what he was sayin'.

[Rhinox]

Both examples I gave were suceding CEO's btw. Bill Maguire made 1.3 billion dollars and Stephen Hemsley made 3.2 million but with stock options backdated to when the stock was higher which totals to about $750 million.

[Jefe]

"Cajones" are fucking drawers, btw ;x I was like, "Oh shi, I wonder wuts in dem."

[SwampdonkeyPLD]

I think is completely fair, these are for all intents and purposes govt. run companies now (doesn't the fed own around 80% of them?) and the govt. can do what it wants with its employees. Now whether or not this is a bad decision is another thing.

[Khamsin]

"Cajones" are fucking drawers, btw ;x I was like, "Oh shi, I wonder wuts in dem."

His cojones are in his drawers.

[Kerberoz]

If they can run their company in the black then they can set their payscale any way they want. These guys can't.

His cojones are in his drawers.

Well played.

[Leif]

Problems with the morons in this thread:
- They see rich people and instantly conclude that they couldn't possibly have earned that money.
- They see rich people and conclude that they don't deserve the money that they've earned
- They see rich people and conclude it's a problem that must be fixed
- They see success and conclude it must be unfair and unmerited success
- They think the government, by telling CEOs how much their time is worth, can run businesses better than businessmen.

Really?

When a company has to charge more just to pay its CEO's salary then we have a problem is what I'm getting at.

So you're going to jump in, scream "YOU EARN TOO MUCH!", lower the guy's salary, he quits, and then the government has to come up with a solution. Well, you need someone who is capable to do the job. That means you have to offer them something another company won't beat. But, oh wait, other companies can pay them more because they don't have CEO caps. So it means you have to find someone who can't do any better than your crappy price. Which means you have to find someone under qualified. Or worse, someone from the government. And then you put them in charge of the company. But then you and your socialist friends debate over whether or not you should run this corporation into the ground by running it "for the people" or let some half-brain run it for profit. Lose, lose situation there.

People are paid what they are paid because they are clearly worth it. If they were not worth it, they wouldn't be paid so much.

[wipers]

I think they are jealous <insert you mad pic> wait I got that look left.


Edit: I know this for sure if any of the people bitching about CEO salaries got paid what they did. They would be saying it is bullshit for someone to cut your salary because "you make too much money". How would you feel if you had a high paying job and the government was like "nope you earn too much money we got to cut your pay". Exactly.

[Leif]

It's not just someone saying you "make too much money". Who is this person saying you make too much money? It's obviously not someone in the business who knows how much a position is worth in the context of the business.