Re: Forget Greed, Give a Lead

[Myron Tribus <mtribus@home.com>]

Paul Hollingworth sent us an interesting URL (see below).
I wrote to the author suggesting that his suggestions for controlling 
excessive pay omitted one more possibility:

The retirement and bonus pay of a top executive should be tied to the 
success of the company in the ten years after he or she leaves.  What 
is most needed, imho, is an incentive to think long term.

Myron Tribus    <mtribus@home.com>
350 Britto Terrace,  Fremont,  CA 94539
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In any field the Establishment is not seeking the truth,
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believe that they are in possession of all of it today. (E. T. Jaynes)

>This weeks Sunday Observer newspaper had an interesting article about
>executive pay called "Forget Greed, Give a Lead" by Simon Caulken, a
>journalist who seems to appreciate a system!
>
>You can read it at:
>http://www.observer.co.uk/business/story/0,6903,552466,00.html
>
>
>Paul H