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Old 03-24-2009, 08:57 AM   #11
Redux
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Originally Posted by lookout123 View Post
Pay reform? Is that code for we need to not let people more successful than me have what I can't get?

The companies that took the government money are pretty screwed and will have to play by the rules but well run companies who are able to stand and succeed on their own should not have any input at all from the government on pay beyond the legal minimum wage guidelines.
Agreed. Pay reform through government regulation is a stretch.

However, I do think publicly traded companies should be required by regulation to fully disclose executive compensation (salaries, bonuses, stock options, golden parachutes, etc) to stockholders with those stockholders having greater authority to deny or adjust such compensation.
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