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Re: Bet You're Getting Paid Less Than Tim Cook!

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On 4/8/12 7:33 PM, in article
OuKdnY2iko7-sx_SnZ2dnUVZ_t-dnZ2d@earthlink.com, "Kurt Ullman"
<kurtullman@yahoo.com> wrote:

> In article <timmcn-B54394.17042908042012@news.iphouse.com>,
>  Tim McNamara <timmcn@bitstream.net> wrote:
> 
>> In article <-7mdnYRDH8HKUhzSnZ2dnUVZ_qqdnZ2d@giganews.com>,
>>  Alan Browne <alan.browne@FreelunchVideotron.ca> wrote:
>> 
>>> On 2012-04-08 13:38 , Fred Moore wrote:
>>>> Top 50 Exec Pay (Cook's #1)
>>>> 
>>>> <http://www.nytimes.com/interactive/2012/04/08/business/executive-compens
>>>> ation-2012.html>
>>> 
>>> Read that this am.  No wonder the US Gini index is so tilted.
>> 
>> Michael Moore was just about accurate.
> 
> The thing that MM and all the others (especially the NYT ignore is that
> current exec compensation is almost entirely due to a change in tax
> policy in the mid-80s that was supposed to address problems in executive
> pay. 
>     It changed tax laws to effectively cap executive salaries at $1
> million by making that the highest amount the Corp could deduct (and if
> you look at K-1, most actual salaries still tend to be around $1 million
> to this day). 
>      Then, in an attempt to align the interests of management with the
> interests of shareholder, they tax-favored stock options and
> peformance-based bonuses. So, instead of being paid largely a salary (to
> run the company) they were paid largely in options and bonuses (to run
> the stock price). It wasn't two years later before the first
> book-cooking scandal erupted.
>      Two other major outcomes. (1). Executive's total compensation went
> to areas that even the most captive Board wouldn't have had the balls to
> pay them.  The second thing was the most interesting as the vaunted
> executive pay to average worker pay ratio went through the roof. During
> the 60s, 70s and early 80s, it had meandered around in range of 20-30
> times. In the mid-80s (within a couple of years of enactment) it had
> risen to more than 150 times and topped out in the late 90s around 300
> times, still better than 250 the last time I looked.
>       Tax policy that was supposed to reign in executive pay did exactly
> the opposite, yet the COngress skates responsibility.

Moore is an overfed, presumptuous hypocrite fool.

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Bet You're Getting Paid Less Than Tim Cook! Fred Moore <fmoore@gcfn.org> - 2012-04-08 13:38 -0400
  Re: Bet You're Getting Paid Less Than Tim Cook! Alan Browne <alan.browne@FreelunchVideotron.ca> - 2012-04-08 13:48 -0400
    Re: Bet You're Getting Paid Less Than Tim Cook! Tim McNamara <timmcn@bitstream.net> - 2012-04-08 17:04 -0500
      Re: Bet You're Getting Paid Less Than Tim Cook! JF Mezei <jfmezei.spamnot@vaxination.ca> - 2012-04-08 18:26 -0400
        Re: Bet You're Getting Paid Less Than Tim Cook! HelpfulHarry@BusyWorking.com (Helpful Harry) - 2012-04-09 12:52 +1200
        Re: Bet You're Getting Paid Less Than Tim Cook! George Kerby <ghost_topper@hotmail.com> - 2012-04-09 13:13 -0500
          Re: Bet You're Getting Paid Less Than Tim Cook! Michelle Steiner <michelle@michelle.org> - 2012-04-09 19:39 -0700
            Re: Bet You're Getting Paid Less Than Tim Cook! George Kerby <ghost_topper@hotmail.com> - 2012-04-10 10:57 -0500
              Re: Bet You're Getting Paid Less Than Tim Cook! Michelle Steiner <michelle@michelle.org> - 2012-04-10 09:24 -0700
      Re: Bet You're Getting Paid Less Than Tim Cook! Kurt Ullman <kurtullman@yahoo.com> - 2012-04-08 20:33 -0400
        Re: Bet You're Getting Paid Less Than Tim Cook! Davoud <star@sky.net> - 2012-04-08 21:11 -0400
          Re: Bet You're Getting Paid Less Than Tim Cook! Michelle Steiner <michelle@michelle.org> - 2012-04-08 18:18 -0700
            Re: Bet You're Getting Paid Less Than Tim Cook! Kurt Ullman <kurtullman@yahoo.com> - 2012-04-09 06:58 -0400
              Re: Bet You're Getting Paid Less Than Tim Cook! Michelle Steiner <michelle@michelle.org> - 2012-04-09 08:26 -0700
                Re: Bet You're Getting Paid Less Than Tim Cook! Kurt Ullman <kurtullman@yahoo.com> - 2012-04-09 13:35 -0400
                Re: Bet You're Getting Paid Less Than Tim Cook! George Kerby <ghost_topper@hotmail.com> - 2012-04-09 13:23 -0500
              Re: Bet You're Getting Paid Less Than Tim Cook! George Kerby <ghost_topper@hotmail.com> - 2012-04-09 13:24 -0500
            Re: Bet You're Getting Paid Less Than Tim Cook! russotto@grace.speakeasy.net (Matthew Russotto) - 2012-04-14 03:48 +0000
          Re: Bet You're Getting Paid Less Than Tim Cook! George Kerby <ghost_topper@hotmail.com> - 2012-04-09 13:21 -0500
            Re: Bet You're Getting Paid Less Than Tim Cook! Michelle Steiner <michelle@michelle.org> - 2012-04-09 19:33 -0700
        Re: Bet You're Getting Paid Less Than Tim Cook! George Kerby <ghost_topper@hotmail.com> - 2012-04-09 13:15 -0500
          Re: Bet You're Getting Paid Less Than Tim Cook! Wes Groleau <Groleau+news@FreeShell.org> - 2012-04-09 21:22 -0400
            Re: Bet You're Getting Paid Less Than Tim Cook! "D.F. Manno" <dfmanno@mail.com> - 2012-04-10 18:08 -0400
              Re: Bet You're Getting Paid Less Than Tim Cook! Alan Browne <alan.browne@FreelunchVideotron.ca> - 2012-04-10 18:35 -0400
                Re: Bet You're Getting Paid Less Than Tim Cook! George Kerby <ghost_topper@hotmail.com> - 2012-04-10 19:09 -0500
                Re: Bet You're Getting Paid Less Than Tim Cook! Michelle Steiner <michelle@michelle.org> - 2012-04-10 17:32 -0700
                Re: Bet You're Getting Paid Less Than Tim Cook! George Kerby <ghost_topper@hotmail.com> - 2012-04-10 19:55 -0500
                Re: Bet You're Getting Paid Less Than Tim Cook! Michelle Steiner <michelle@michelle.org> - 2012-04-10 20:03 -0700
                Re: Bet You're Getting Paid Less Than Tim Cook! JF Mezei <jfmezei.spamnot@vaxination.ca> - 2012-04-10 21:25 -0400
                Re: Bet You're Getting Paid Less Than Tim Cook! Davoud <star@sky.net> - 2012-04-10 22:42 -0400
                Re: Bet You're Getting Paid Less Than Tim Cook! Kurt Ullman <kurtullman@yahoo.com> - 2012-04-11 08:10 -0400
                Re: Bet You're Getting Paid Less Than Tim Cook! Fred Moore <fmoore@gcfn.org> - 2012-04-11 12:03 -0400
                Re: Bet You're Getting Paid Less Than Tim Cook! Davoud <star@sky.net> - 2012-04-11 18:27 -0400
                Re: Bet You're Getting Paid Less Than Tim Cook! Fred Moore <fmoore@gcfn.org> - 2012-04-12 12:08 -0400
                Re: Bet You're Getting Paid Less Than Tim Cook! Jim Gibson <jimsgibson@gmail.com> - 2012-04-13 17:54 -0700
                Re: Bet You're Getting Paid Less Than Tim Cook! Fred Moore <fmoore@gcfn.org> - 2012-04-14 11:49 -0400
                Re: Bet You're Getting Paid Less Than Tim Cook! Paul Sture <paul@sture.ch> - 2012-04-12 20:14 +0200
                Re: Bet You're Getting Paid Less Than Tim Cook! Alan Browne <alan.browne@FreelunchVideotron.ca> - 2012-04-11 12:55 -0400
                Re: Bet You're Getting Paid Less Than Tim Cook! John McWilliams <jpmcw@comcast.net> - 2012-04-11 15:21 -0700
                Re: Bet You're Getting Paid Less Than Tim Cook! Paul Sture <paul@sture.ch> - 2012-04-11 10:59 +0200
                Re: Bet You're Getting Paid Less Than Tim Cook! Alan Browne <alan.browne@FreelunchVideotron.ca> - 2012-04-11 13:04 -0400
                Re: Bet You're Getting Paid Less Than Tim Cook! Jim Gibson <jimsgibson@gmail.com> - 2012-04-11 10:23 -0700
              Re: Bet You're Getting Paid Less Than Tim Cook! Wes Groleau <Groleau+news@FreeShell.org> - 2012-04-10 23:21 -0400
                Re: Bet You're Getting Paid Less Than Tim Cook! "D.F. Manno" <dfmanno@mail.com> - 2012-04-20 16:09 -0400
              Re: Bet You're Getting Paid Less Than Tim Cook! "Thomas R. Kettler" <tkettler@blownfuse.net> - 2012-04-11 12:43 -0400
  Re: Bet You're Getting Paid Less Than Tim Cook! me@home.spamsucks.ca (Király) - 2012-04-08 21:21 +0000
    Re: Bet You're Getting Paid Less Than Tim Cook! Fred Moore <fmoore@gcfn.org> - 2012-04-09 11:59 -0400
      Re: Bet You're Getting Paid Less Than Tim Cook! Jolly Roger <jollyroger@pobox.com> - 2012-04-09 09:11 -0700
        Re: Bet You're Getting Paid Less Than Tim Cook! Fred Moore <fmoore@gcfn.org> - 2012-04-10 11:34 -0400
          Re: Bet You're Getting Paid Less Than Tim Cook! Jolly Roger <jollyroger@pobox.com> - 2012-04-10 11:15 -0700
          Re: Bet You're Getting Paid Less Than Tim Cook! Barry Margolin <barmar@alum.mit.edu> - 2012-04-10 17:16 -0400
            Re: Bet You're Getting Paid Less Than Tim Cook! Fred Moore <fmoore@gcfn.org> - 2012-04-11 11:08 -0400
          Re: Bet You're Getting Paid Less Than Tim Cook! Paul Sture <paul@sture.ch> - 2012-04-11 11:13 +0200
      Re: Bet You're Getting Paid Less Than Tim Cook! nospam <nospam@nospam.invalid> - 2012-04-09 13:33 -0400

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