Just a quick note while I’m eating breakfast — CEO pay. I hear that people don’t want this regulated by the government because it isn’t capitalism. Yet, I was reared with the idea that he who pays the band, gets to pick the music. I think if companies are receiving my money or rather our money, then they should have to abide by some very strict rules. Further, I read in Business Week that some people think this will cause an exodus of talent. Really? The guys who screwed up are all going to leave their jobs to find greener pastures because they don’t like living with the new regulations they brought upon themselves? Poor, poor babies. On top of that, who in their right mind is going to hire them?
God Bless