Corporations barred from giving their executives bogus loans by the Sarbanes Oxley corporate accountability legisliation are responding by giving them free money in new ways. Every time I look at executive compensation at big companies, I can’t help but chuckle at the fact this is supposed to be the vanguard of the free market. These guys have mastered the art of self-enrichment to a degree that would have made the Communist party leadership in the old Soviet Union blush. Oh, and they’re tired of paying for health insurance for their employees.
The rich get richer
Corporations barred from giving their executives bogus loans by the Sarbanes Oxley corporate accountability legisliation are responding by giving them free money in new ways. Every time I look at executive compensation at big companies, I can’t help but chuckle at the fact this is supposed to be the vanguard of the free market. These guys have mastered the art of self-enrichment to a degree that would have made the Communist party leadership in the old Soviet Union blush. Oh, and they’re tired of paying for health insurance for their employees.
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