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View Diary: Corporate Executives Make Millions Failing (9 comments)

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  •  It's not hard to protect shareholders from (1+ / 0-)
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    greedy executives.

    It's not hard to protect lenders and shareholders from self-dealing executives and board menbers. What it takes is reasonable laws.

    The Delaware laws are what happens in the race to the sewer. We can either let all other states refuse to allow Delaware corporations to do business in other states or we can let the SEC set higher standards than Delaware offers for publicly traded firms. We could even have an income tax on all corporations that pay their top executives more than 20 times the mean wages of the company -- including contractors and foreign employees.

    The GOP is the party of mammon. They mock what Jesus taught.

    by freelunch on Fri Jan 27, 2012 at 01:15:59 PM PST

    [ Parent ]

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