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The answer is to align the interests of executives and the board members who determine their compensation with those of the shareholders. They've become progres
by mattmaroon 18y ago
The answer is to align the interests of executives and the board members who determine their compensation with those of the shareholders. They've become progressively more out of whack over the last 20 or so years, and that's why we are where we are today.
If CEOs of financial corporations had been paid largely in stock with a 10 year vesting period, they wouldn't have taken the exorbitant risks that led to this bailout.