Since I last blogged (just before heading to the Grand Canyon and points beyond) I wrote about CEO and executive compensation even when their failures are immense. Apparently, the subject is hot right now as this ABC prime news report reflects -- (copy and paste link) -- http://cosmos.bcst.yahoo.com/up/player/popup/?cl=7634126. According to the report, top executives are able to drive a company into the ground and still be insanely compensated because "the game is rigged." Analysts say that until the public shows their collective outrage, CEOs, with the blessing and collusion of their boards, will continue to rake in the dough.
All of this attention comes on top of Forbes release of the worst performing CEOs and their respective high compensation for failure.
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