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I'm a capitalist and think that some CEOs are overpaid and that golden parachutes for failed CEOs are obscene. That doesn't mean that I want the government to d
by marcoperaza 9y ago
I'm a capitalist and think that some CEOs are overpaid and that golden parachutes for failed CEOs are obscene. That doesn't mean that I want the government to do something about it. Shareholders are getting ripped off and that's their problem ultimately. Caveat emptor.
- jessaustin 9y agoDefinitely. When the government steps in, it's always the boards and executives who hire the lobbyists who write the laws and regulations. They don't do so with common stock investors' interests in mind. The system will not solve the problems with the system.
- Bakary 9y agoNegative externalities can reach beyond the CEO-shareholder relationship. Determining what these would be is of course a difficult task.