Wednesday, January 18, 2006

Christopher Cox, chairman of the Securities and Exchange Commission, thinks investors should have better information about what executives make—salary, stock options, and corporate perks. The talk of reporting requirements for the absurd CEO salaries is for the benefit of shareholders. When I heard this news item my thoughts went further down the ladder where I live (consumer as compared to investor). It’s the consumer that is paying for these multimillion dollar salaries, not the shareholder.


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