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[quote user="schlimm"] [quote user="Bucyrus"] You sound like you believe these people with the extra high salaries are committing an injustice.   You mention the explosion in salaries being unexplained.  What if the explanation is that the salary explosion if merely the result of the CEO marketplace exploding salaries?  Why does there need to be any further explanation than that?    It seems like it would sort of amount to profiling of executives to assume they are all average and should deserve average pay. [/quote]  Bucyrus: You know I never said that.  If you can't see that there may be an explanation beyond your response of "the CEO marketplace" then I perhaps you aren't interested in seeking any deeper understanding.  Where in the world did I say CEOs are all average and deserve no more than average pay?  I am quite sure they are mostly well-above average or they wouldn't have achieved their status as CEO's.  That is very different than wondering if US CEO's need to be paid, on average, a whopping 20X their peers in Canada, etc.  I'm not comparing them with their average workers, although a differential of ~200-500:1 does seem unnecessarily high, even if they are really exceptional.  And as I said earlier, this ratio represents a sea change compared to what US CEO's were receiving as a ratio to average workers 30 years ago. Do you believe they were severely underpaid in the past?  Fairness in compensation is an issue in the public's mind even if it isn't an issue for you.  I'm only saying directors need reexamine this issue rather than leave the door open for the government to get more involved.  Corporate governance is becoming an issue that isn't going to be dismissed with a wave of the magic market wand.  (BTW, the 10 directors of BNSF were compensated in 2008 $253-327 K each for their part-time services.) [/quote] Hey, I am not trying to put words in your mouth.  But I cannot escape the fact that you are regarding the extra high salaries as a problem that needs fixing.  I assume that you want these high salaries reduced, and if they don’t reduce them voluntarily, then the government should make them do it.  I assume that this is your desire based on you having said this: <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p> “I'm only saying directors need reexamine this issue rather than leave the door open for the government to get more involved.  Corporate governance is becoming an issue that isn't going to be dismissed with a wave of the magic market wand.”       What do you mean by the term, corporate governance?
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