Another question for d&M

[Trench]

There are approximately 5000 CEO's of companies that can support the bloated pay scale.

I'd like to know how you arrived at that number and what you consider "bloated"?

The fact is that the average CEO pay is now more than 700 times what the average pay of their employees is.

If higher profits and higher stock prices warrant better pay for CEOs, why doesn't it warrant better pay for the average employee? :shrug:

 

[ssd]

I could tell you but then I would have to kill you
:mj07:

(from an article that I read - been reading the guy's stuff for a while and he is a realist - I have no reason to doubt his figures on it - maybe I should have - it seems reliable)

If higher profits and higher stock prices warrant better pay for CEOs, why doesn't it warrant better pay for the average employee?
It should, Trench - it just hasn't.

It should, Trench - it just hasn't.

Only people 'recovering' in this 'recovery' are people who are in the market or long commodities.

Chairman Ben said in August of 2010, that the FED would be 'inflating asset classes" - everyone in the know knew what that meant and have made a killing in the market since then.

 

[Trench]

There are approximately 5000 CEO's of companies that can support the bloated pay scale.

IMO, it's an obtuse statement.

- How did the writer arrive at the number 5000?
- What did the writer mean by "can support"?
- What is the writer's defenition of "bloated"?

 

[ssd]

My thoughts on the CEO #:

there are approximately 15,ooo publicly traded companies. 1/3 of those are listed and trade on exchanges and the others are traded in OTC markets.

Those 5000 companies that trade on the listed exchanges most likely have a CEO that would be in line for a large salary, bonus or both.

 

[Trench]

My thoughts on the CEO #:

there are approximately 15,ooo publicly traded companies. 1/3 of those are listed and trade on exchanges and the others are traded in OTC markets.

Those 5000 companies that trade on the listed exchanges most likely have a CEO that would be in line for a large salary, bonus or both.

Thanks for the explanation.

However... just because companies aren't publicly traded doesn't mean their CEO salaries aren't "bloated". Nor does it mean that because a company is publicly traded, that somehow justifies a "bloated" CEO salary.

So I still don't understand the statement. Sorry.

 

[ssd]

You are correct but a privately held corporation does not have to report financials so there is no way to know.

It is my personal opinion that no one should be getting a $100M bonus that StevieD reported that Ford Execs got.

If someone cured cancer or another debilitating disease or figured out cold nuclear fission, well, then I could see that person being in line for a huge payday.

Otherwise, not so much in my mind. Talent should be rewarded but there are extremes.