Obama on rewards without performance

Posted by Marc Hodak on October 12, 2009 under History | Be the First to Comment

President Obama has spoken eloquently, more or less, on the perils of pay without performance.  I wonder what he would say about this:

For this:

Imagine a CEO receiving a $1.4 million bonus (among his other compensation) for promising to implement a grand strategy before it has even had the chance to fail.