I don't understand the reasoning for options then, and bonuses now. Why not just pay executives a larger salary than everyone else? I know they already do get larger salaries than average employees, but then it is combined with all of this doublespeak for money. Just increase their salaries. And while I'm here, what about the practice of creating offshore accounts to evade income taxes? I am under the impression that this is a fairly common practice among larger corporations and richer individuals who can afford accountants and lawyers to set up things like this. I remember when Enron & pals were big in the news that there was some talk about trying to fix it, but like the rest of corporate reform, it has been drowned out in the flood of news from Iraq, Afganistan, and Kobe Bryant.
Ahhh, someone shut me up
[ October 28, 2003, 15:03: Message edited by: macjimmy ]