[Vision2020] I thought you might be interested in this article

[Bill London]

J-
your point that I could sacrifice my ethics and become a CEO is a welcome
assurance of my abilities, but that has nothing to do with the question I
asked.
I asked:
In response to his sentence ---"I wish you could see that competitive
> >behavior and free choice are forces that operate in the market as a check
> >against greed." ---can you explain the existence of $200 million annual
> >compensation packages for major corporate CEO's?
> >what are the countering forces to the power of the multinational
> >corporations?
Are you saying that the $200 million annual salaries is not greed?
BL




----- Original Message ----- 
From: "Jeff Harkins" <jeffh at moscow.com>
To: "Bill London" <london at moscow.com>; <vision2020 at moscow.com>
Sent: Monday, August 28, 2006 10:19 PM
Subject: Re: [Vision2020] I thought you might be interested in this article


> Bill,
>
> Here is a simple thought for you to ponder ...
>
> The ultimate force that assures that competitive behavior and free
> choice will provide a check on greed is that there is nothing that
> can prevent you from becoming the next CEO earning $200 million - you
> simply have to be willing to commit to that agenda and be willing to
> make the sacrifices necessary to achieve your goal.
>
> Yes indeed - you could be the CEO of WalMart and you could then
> restructure that company or any other multinational firm as you see
> fit - as long as you satisfy the return on capital demands of the
> shareholders and the expectations of the capital markets.
>
> It really is that simple.
>
> You might consider reading the biographies of Dupont, Firestone,
> Ford, Hughes, Vanderbilt, Osborne - even Gates (to name a few) to
> gain a sense of how this is possible.
>
> At 11:03 AM 8/28/2006, you wrote:
> >P-
> >I read it and have a question or two...
> >In response to his sentence ---"I wish you could see that competitive
> >behavior and free choice are forces that operate in the market as a check
> >against greed." ---can you explain the existence of $200 million annual
> >compensation packages for major corporate CEO's?
> >what are the countering forces to the power of the multinational
> >corporations?
> >BL
> >
> >
> >
> >
> >
> >----- Original Message -----
> >From: "Pat Kraut" <pkraut at moscow.com>
> >To: "vision2020" <vision2020 at moscow.com>
> >Sent: Sunday, August 27, 2006 10:14 PM
> >Subject: [Vision2020] I thought you might be interested in this article
> >
> >
> > >
> > > I thought you might be interested in this article:
> > >
> > > Liberals Should Know Better
> > > By Arnold Kling on 17 Jan 2006
> > > You can view it at http://www.tcsdaily.com/article.aspx?id=011606A
> > >
> > >
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> >
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>