Diller's $200 Million Haul Deserves Closer Look: Graef Crystal Pay for performance. That equation is a pillar of good corporate governance.

Wachovia's Thompson Lost a Bundle and His Job: Graef Crystal Whatever you might say about Kennedy Thompson, the former chief executive officer of Wachovia Corp., he's a prime example of how executive pay is supposed to work.

Lazard's Wasserstein Has the Pay Game Down Cold: Graef Crystal Never underestimate the sheer genius of Wall Street chiefs when it comes to self-enrichment.

Calpers Ignores Good Governance Credo It Touts: Graef Crystal Calpers, the huge pension fund for retired California public employees, says all the right things about corporate governance.

CBS's Moonves Gets Triple Pay of Viacom's Dauman: Graef Crystal Philippe Dauman has to be steamed.

Comcast's Two Roberts Gorge, Shareholders Starve: Graef Crystal Here's the key to understanding pay- for-performance at Comcast Corp., the biggest U.S. cable- television company: Like father Ralph Roberts, like son Brian Roberts.

Capital One's Fairbank Takes Option Risk, Loses: Graef Crystal Richard Fairbank took a risk. Shortly after becoming chief executive officer of Capital One Financial Corp. in July 1994, he shed base salary, bonus and benefits. What he got in return was option grants. Lots of them.

Chenault Was No. 1 in 2007 Pay, Buffett Lowest: Graef Crystal $12.1 million. That's the average total compensation in 2007 for a chief executive officer at the 107 largest U.S.-based companies who have so far released their proxy statements. The pay increase was 12 percent from 2006.

KB Home's Mezger Gets $6 Million Bonus in Slump: Graef Crystal For KB Home, 2007 was a disastrous year.

Immelt Is No Jack Welch on Performance: Graef Crystal (Update1) During Jack Welch's last few years as General Electric Co.'s chief executive officer, I used to rail at the size of his pay package. I was wrong. There's something worse than Welch's obscene pay even with his tremendous performance: reasonable pay and so-so to lousy performance.