Hard Knocks Chronicles

Observations from a graduate of the school of Hard Knocks
MARCH 13, 2009 8:54AM

Oh, now you have gone too far Barney Frank!

Rate: 3 Flag

http://online.wsj.com/article/SB123690181841413405.html

You want to link Executive pay to performance?  Are you Crazy?  Why would you want to do that? 

Next thing you know they'll want to do the same for Athletes! 

Perhaps they'll even want to get rid of the compulsory "embarrassment compensation" forced upon these same CEOs when they are required to resign due to a measly 90% drop in revenue...

While we are at this crazy "pay for what you get" mentality why don't we force companies to mark their products when they reduce the net weight?

Don't ruin my world Barney Frank!!

And don't even hint at a legislated removal of sarcasm from Blogging - Don't even!

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Comments

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Trevor, looks like you are mad and not going to take it anymore!

What is the world coming to, if pay equals performance?
- Better products
- well run companies
- accountable to the stockholders

Rated
thanks for this timely expose. reason and fairness must be stopped (at least that's what the dick cheney told me)
I hope your B/P has gone down by now! I think you have a good point there, comparing it to athletes. Barney Frank is a raving lunatic and something must be done to stop this man's jaws from flapping. And you're right on about marking the reduced weight of products but, I don't see that happening.