Skip to main content

View Diary: Boeing's outsourcing strategy in the spotlight as FAA grounds the Dreamliner (196 comments)

Comment Preferences

  •  This is what always gets me... (7+ / 0-)

    Here's what happens.

    You pay the CEO enough money so that he doesn't need to work another day in his life & will live comfortably.

    So, the CEO is incentivized to make reckless gambles. If they pay-off, he does incredibly well. If they don't? No worries, he just walks away.

    If he feels like it, 5 years later he & his buddies rewrite history and convince another board of directors to hire him because he's experiened, etc.

    Put another way - when you pay a CEO enough to live 5 lifetimes in opulence, they have no skin in the game.

    Freedom isn't free. So quit whining and pay your taxes.

    by walk2live on Fri Jan 18, 2013 at 01:32:51 PM PST

    [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site