Tho' I've belted you an' flayed you,
By the livin' Gawd that made you,
You're a better man than I am, Gunga Din!Originally Posted by North Korea
Capone was a syphy, but never a sissy.
His ability to commit crime and acquire plunder does pale in comparison with almost any of the royal families of Europe -- Capone is small potatoes at that level.
For that matter in his own milieu, Luciano and Lansky headed the syndicate for a reason -- and Lansky was easily the sharpest of the lot.
"The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.” -- Milton Friedman
"The urge to save humanity is almost always a false front for the urge to rule." -- H. L. Mencken
Speaking of tangled webs: this rarely happens, because important shareholders in many corporations are executives in others, and vice-versa. They all have an incentive to keep each other highly-paid.Originally Posted by Seamus Fermanagh
Small investors like (I assume) you tend not to have much clout (though they do seem to be organizing in reaction/protest more nowadays). Of course top executives frequently are removed, to appease angry hordes of small investors or the market at large - but since most of these people are all in bed with each other, they just get shuffled around to the next corporation, with a new office. This also explains how so many CEOs (everyone's favorite exec to discuss) can not only get away with progressively worsening performance, but be rewarded for it. Though I doubt even a Steve Jobs should get compensation to the tune of 300X the average salary of non-execs, especially given that for the longest time the normal ratio was not even 50:1...
Last edited by Montmorency; 10-22-2013 at 21:55.
Vitiate Man.
History repeats the old conceits
The glib replies, the same defeats
Spoiler Alert, click show to read:
That's an interesting chart - it shows a relatively modest rise until 1980, by 1985 the upwards path rises sharple, peaking in 200 before dropping down again, but still at idiotic levels.
"If it wears trousers generally I don't pay attention."
[IMG]https://img197.imageshack.us/img197/4917/logoromans23pd.jpg[/IMG]
Bookmarks