Forum Post: Only in Broken American Capitalism Can CEO's Fail Spectacularly and Be Compensated Handsomely

Want to make $210 million for failing? Become an American CEO. I bet that $210 million could have hired a lot of workers, paid a lot of healthcare premiums, matched a lot of 401k retirement accounts, and increased a lot of worker salaries. How can one person even spend $210 million. The greed is disgusting. Capitalism is not supposed to reward failure, but ours does, but only for the wealthy and powerful.

http://www.nytimes.com/2011/10/01/business/lets-stop-rewarding-failed-ceos-common-sense.html?_r=1&ref=executivepay

http://www.ecgtn.org/events/oxford2005/documents/bebchuk_grinstein.pdf http://www.alternet.org/economy/49631/http://www.foxnews.com/story/0,2933,240987,00.htmlhttp://money.cnn.com/2007/01/03/news/companies/home_depot/index.htmhttp://www.pay-without-performance.com/Preface%20and%20Introduction.pdfhttp://blogs.hbr.org/ashkenas/2010/06/rethinking-the-assumptions-beh.html

http://www.law.harvard.edu/faculty/bebchuk/pdfs/BCS-Wages-of-Failure-Nov09.pdf