Greed in Corporate America
80% of the public, including 2/3 of the CEOs interviewed, agreed that the salaries of American CEOs were too high. Only 2.2% said it was too low. Understandable. The high salaries of American CEOs have been going on for too long. It is the worst kind of robbery, robbing minority shareholders of their real worth and the latter cannot do anything about it. What they need to do is to sack all of them across America and pay half of their existing salaries to the next in line or those young and eager beavers to take over. Corporate theft in the American style has been going on even in our squeaky clean island. And they did it all legally and legitimately by getting the boards to pass all the resolutions to grant them more shares, bonuses and higher pay. Oh, they will not call this robbery but legitimate rewards for their talents.