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Quote by: tivodan1116  Based upon what, other than your own bias against the wealthy?
In a free system there is no such thing as being under or overpaid. |
Umm... these are public companies.
The shareholders literally have a stake in the company. I was simply saying the ceo's claim that shareholders don't have the "financial knowledge" to lower their pay is bullshit because it has nothing to do with that, only to do with their own greed.
I have no problem with private companies overpaying their ceo's and paying their workers minimum wage. That's what we have strikes and unions for. But in this case the ceo's are basically conning their shareholders by holding these fixed boardroom commitees comprised of ceos who all have the same interest of robbing their shareholders of profits for themselves.