CEO Pay Tomorrow: Same as Today

Despite the uproar over gargantuan compensation packages, here's why the level of reform is likely to be modest at best

During the boom years of the late 1990s, the fact that CEOs made out like bandits may have prompted disgust, but it sparked little outrage. After all, lots of other people were getting wealthy off the bull market, too. Now that actual banditry is being blamed for the collapse of major companies -- and for billions of dollars in shareholder losses -- CEO compensation is being scrutinized as never before.

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