Now please pay me anyway.

[Right Reality]: David Batsone passes along this gem from The New York Times:
The criminal liability that chief
executives now face is an odd outgrowth of the same logic that won them
such huge paychecks in the 1990’s. Of course they were worth millions,
the chief executives of old argued, because the success of the company
could not have happened without their hard-driving involvement. Now
some of the same chief executives find themselves in the uncomfortable
position of arguing that while they were richly compensated, when in
came to corporate financial activity, they were little more than
caretakers who paid little attention to details.

Can’t have it both ways, folks! (I’ve had to learn a little finance to run my company. Shouldn’t you?)


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