• Une fois qu’on a passé les bornes, il n’y a plus de limites...

    The uproar over bonuses “was intended to stir public anger, to get everybody out there with their pitch forks and their hangman nooses, and all that–sort of like what we did in the Deep South [decades ago]. And I think it was just as bad and just as wrong.

  • Highest Paid Worst Performing Chief Executives - ABC News
    http://abcnews.go.com/Business/highest-paid-worst-performing-chief-executives/story?id=20111337

    Les dirigeants les mieux payés ne méritent pas leur bonus...

    Performance, the report notes, has traditionally been defined in terms of shareholder return. “We present a new, more dramatic performance yardstick,” it says—one that takes into account which executives were fired and which led companies that either had to declare bankruptcy, were bailed out by the U.S. taxpayers, or had to pay fines as a result of fraud or other malfeasance.

    The authors’ conclusion: Of the 241 chief executives who got the highest pay, 38 percent performed badly.

    Le meilleur, c’est tout de même le commentaire du professeur de Chicago...

    “Third,” he tells ABC, “The overall story is simple: Corporate profits—after all executive pay—are higher today as a fraction of GDP than they have been in the last 50 years. If all these CEOs were overpaid and not doing their jobs, how could that happen. In fact, CEOs and business are doing a terrific job generating profits. So, the average CEO, arguably, has done a terrific job.”