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Originally Posted by ultracapper
why don't you take your money and invest it in a company that you can own and operate, thereby contributing to the local economy, instead of handing it over to people that know what they are doing, so that you don't have to do a single thing and still make money, and have the right to complain how much money those people are making that you are just jumping on for a free ride?
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I actually do both things. I invest in some of my own stuff but I also invest in the market. It's good to be diversified.
I think you may have misunderstood me. I don't have a problem with CEOs making millions of dollars. In a lot of cases they deserve it. But some of theses pay packages are way out of whack. Let's take Dick Grasso for example. He did a great job running the NYSE. I don't think most people would have a had a problem if he walked away with $50-$75 million. But for him to walk away with $200 million was excessive. I think everyone felt that way including the courts who are going to force him to give some of the money back.
12-31-2006, 02:27 PM
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