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"We can fine-tune this as we accumulate experience, but I propose we start with a limit of $10 million in total compensation for a CEO of any company doing busi
by Bostonian 6y ago
"We can fine-tune this as we accumulate experience, but I propose we start with a limit of $10 million in total compensation for a CEO of any company doing business in the US, with no one in the company or its subsidiaries permitted to earn more. "
Successful hedge fund managers can earn much more than that in a year. So people should be encouraged to start hedge funds rather than work for public companies?
There are are athletes, movie stars, and rock stars who earn more than $10 million a year. Why pick on CEOs -- their jobs are at least as important.