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Re: Hail to the Burger Flippers
Posted By: Enigma, on host 209.150.240.138
Date: Friday, January 28, 2000, at 07:52:23
In Reply To: Re: Hail to the Burger Flippers posted by Stephen on Thursday, January 27, 2000, at 19:20:36:

> > [snip]

> Again though, you seem to undervalue the importance of a good CEO. They may be overpaid, but you'll never convince me that unskilled labor is worth more than a good CEO.

[snip]

Another thing... If a CEO is responsible for his company, and he is paid $10 million, and a lawsuit comes against the company for $5 million (as a direct result of something negligent the CEO decided or did), the I don't think the CEO should walk next door to the accounting office to see if there's any surplus somewhere that can fix the problem. Unless the CEO's willing to pay (at the very least, in part) with his own money for his own mistakes, then I say he's not really being responsible for his own company in the first place. If he does take personal accountability for his actions, tho... then perhaps a person in his position would need to be paid that kind of money.

BTW, I will check out those resources, thanks for the pointer.

-Enigma

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