Tuesday, September 16, 2008
Interesting article from the Motley Fool. Here's my favorite quote.
"It's a neat approach, but the more startling implication is that executives aren't any smarter -- in fact, probably less smart, in a "street smarts" sense -- than their underlings. This naturally may lead shareholders to wonder why they're paying their executives so well, and padding their contracts with chunky stock options as retention tools, when the average Joes and Janes have more clarity than the MBA-bearing pros."
Just my 15%