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View Diary: The Day America Stopped Hiring (214 comments)

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  •  pat - two items triggered the explosion of (1+ / 0-)
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    nextstep

    stock options, the first was the Clinton era law limiting the ability of corporations to deduct senior executive salaries above $1 million, but allowing unlimited performance based compensation. The second was the rise of LBO funds who would routinely give CEOs a 5% stake in a company while public company, non-founder, CEOs had less than a 1% stake.

    "let's talk about that"

    by VClib on Sat May 04, 2013 at 11:09:09 PM PDT

    [ Parent ]

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