Wednesday, April 20, 2005

The Trouble with Capitalism capitalists.

William F. Buckley explains:
"The top three executives at Viacom received total compensation last year valued at about $52 to $56 million each in salary, bonus, and stock options."
"Viacom's share price, in the year of the gold rush for its managers, decreased by 18 percent."

I don't mind if these guys get paid so well if they are held accountable. But they are not, and this is happening all over the corporate world.


At 10:00 PM, Blogger Charley Foster said...

Sell your Viacom shares.


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