A personal finance blog dedicated discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance.


Thursday, February 17, 2005

Should CEO Pay be Reported?

WARNING: If you read this, you will be subjecting yourself to my opinions!

I was catching up on my reading tonight and I read an article in the WSJ regarding CEO pay. The article was talking about measures that are currently being taken to make companies divulge more information about their executive pay packages.

I am all for 100% transparency! If a company is publicly traded, I think the public has EVERY RIGHT to know how much their executives are being paid. Don't get me wrong, I am an American capitalist all the way. But, I'm fed up with CEOs who take the helm of a company, run it into the ground, and waltz off with tens of millions of dollars.

Well, that's my rant for the day.