Just on a side note: I treat the CEO pay no different than Sports Hero's
pay. We as a public are the only ones to blame. We make up the owners of
these companies and allow it to happen. On another side note, even with our
"excess" it has created more wealth, jobs and supported more charities than
any other country in the world. Not to mention more freedoms.

Bill Bollinger
www.gsxn.com


"JP" > wrote in message
...
>
> "John Wallace" > wrote in message
> ...
>> JP wrote:
>> > "John Wallace" > wrote in message
>> > ...
>> >
>> >>JP wrote:
>> >>
>> >>
>> >>> What's wrong with corporate profits ? Just curious is all.
>> >>
>> >>New Motorola CEO fired 38,000 people, and got 38 million dollars as his
>> >>reward for a year's work.
>> >>
>> >>Nothing is wrong with profit, but if you think that is good for you as
>> >>a
>> >>worker, I can only say good luck to you.
>> >
>> >
>> >
>> > <shrug> Maybe. One thing for certain; a corporation NOT making a
> profit
>> > isn't good for workers. I.e., Motorola, I would bet (not having looked
> at
>> > their details).
>>
>> No profits is surely worse! <g> However there is surely an element of
>> "how much is enough"? What is the CEO going to do with 38 million that
>> he couldn't have done with 28 million? Or 18 million?
>
>
> Definately.
>
>
>>
>> In Scandinavia CEOs get poaid, on average, 11 times more than the
>> average salary in their company. Across Europe it's a little higher, but
>> less than twenty times more is typical.
>>
>> In the US it's 300 times more.
>>
>> At what point does it become greed, and should we ever think that is bad?
>
>
> Agreed. One of my "sore points" also, in the current day. Don't know
> if
> your numbers are correct, but that's irrelevant, as overall, the general
> situation does exist.
>
>