Can wild CEO pay be tamed? Probably not

Seeded on Wed Oct 1, 2008 11:46 AM EDT (msnbc.com)

Public outrage over executive compensation has caused the government to step in. But history shows government's attempts have been ineffective in curtailing CEO riches.

business, msnbci, economy-in-turmoil

Latest Comments

Corzine resigns from MF Global, won't seek severance
Fri Nov 4, 2011
- If you butt blind idiots I had bothered to read my post-I said Obama deserved to be ripped. I know both parties are a joke and you idiots that support either party are an even bigger joke.
Corzine resigns from MF Global, won't seek severance
Fri Nov 4, 2011
- It's amazing how the butt blind republicans, who rightfully criticize Obama for his ties to Corzine, fail to mention George W. Bush(Ken Lay-Enron) or Dick Cheney and Halliburton.
FCC proposes crackdown on phone-bill cramming
Tue Jul 12, 2011
- Corporate America doesn't want your business, they want your money.
Nation's CEOs paid better last year than in 2007
Fri May 6, 2011
- If keeping wages low assures more profitability, then keep wages low.(All wages-management as well as executives.)
Banks, regulators in talks to settle mortgage charges
Fri Apr 15, 2011
- Even though the people who had no business buying homes they couldn't afford have to share the blame here, they did for the most part lose their homes. The bankers who continued the fraud and sold the cdo's to others so they didn't get stuck-they get to keep their money which wasn't actually earned.
As oil supply dwindles, Saudis turn to renewable energy
Fri Apr 8, 2011
- What's in the best interest of our nation is at best third in the list of what is most important to our used car salesmen/women in Washington. Re-election/fund raising and favors for big donors are well ahead of what's best for the future of this nation.
Waitresses fired when new uniforms don't fit
Thu Mar 31, 2011
- It's a good thing that character and integrity are not used in the hiring process. Most ceo's and lots of management would then be unemployed. Reinstate the draft and let all the mothers and fathers in this country know that their children will be asked to fight and die for everything but freedom.
Stern sues Sirius, claims it stiffed him on bonus
Tue Mar 22, 2011
- Criticize Howard all you want to, but I believe there are things being done in this country which are a hell of a lot more offensive than Howard. Washington, Wall Street, Corporate America. Some receipients of the Medal of Honor rang the opening bell on Wall Street yesterday.
Top Republican Boehner decries "fiscal recklessness"
Thu Sep 30, 2010
- Based on the fact that Boehner has played 119 rounds of golf, how could he possibly know how the house functions.
Congress punts tough choice until after election
Wed Sep 29, 2010
- I wonder if our troops who were sent to war by these same politicians decide wether to go into harms way today or maybe not. We have cowards democrats and republicans in office plain and simple.

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Corzine resigns from MF Global, won't seek severance
Jon Corzine has stepped down as head of MF Global amid allegations that the brokerage firm crossed a hard-and-fast line on Wall Street against using clients' money for its own purposes. MF Global's board announced the resignation in a brief statement released be …
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