Yesterday was Bosses Day and in honor of that I’m going to share some information on bosses—BIG bosses.
These days’ people are incensed with executive pay packages on and off Wall Street.
For years there has been much talk about pay for performance, but I haven’t seen any strong connection—have you?
And certainly not this year.
But the recession doesn’t seem to have slowed down CEO compensation at all and I’m not even referring to Wall Street.
You’ve probably never even heard of the 5 most highly compensated CEOs, unless you are unfortunate enough to own the stock or work or been laid off from …read more

Now check out this great cultural goal
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Image credit: WILPF

Here lies Wall Street’s short-term thinking
That trashed our lives without blinking
Ethics and honesty it disrespected
Let’s hope it’s never resurrected!

Are you part of the problem?

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Image credit: Tombstone Generator
(Hat tip to Phil Gerbyshak for leading me to the generators)

Greed is certainly in the news these days, from stories about it to tirades against it, so it seemed like a good time to offer up a few you may not have seen recently.
“Greed is a bottomless pit which exhausts the person in an endless effort to satisfy the need without ever reaching satisfaction.” –Erich Fromm (Hello John Thain and friends, I think Erich is talking to you.)
“It always seemed strange to me that the things we admire in men, kindness and generosity, openness, honesty, understanding and feeling are the concomitants of failure in our system. And those traits we …read more

Greed, like water, just keeps flowing along, flooding the land and leaving destruction and misery in it’s wake. The current flood, which dwarfs Katrina, makes greed a timely subject for our quotes today.
“Laissez-faire, Supply-and-demand, – one begins to be weary of all that. Leave all to egoism, to ravenous greed of money, of pleasure, of applause: it is the Gospel of Despair!” –Thomas Carlyle (Said way back in the 1800s, seems nothing has changed—not encouraging.)
“It always seemed strange to me that the things we admire in men, kindness and generosity, openness, honesty, understanding and feeling are the concomitants of failure …read more

Stephen Covey says, “We simply assume that the way we see things is the way they really are or the way they should be. And our attitudes and behaviors grow out of these assumptions.”And we, the people, did assume.
We, the people, assumed that the visions presented by the leaders on and off Wall Street were true.
We, the people, assumed that all those experts were correct when they lauded the Wall Street crowd.
We trusted them, even though it’s not the first time that the Wizards of Wall Street broke our hearts—and our economy.
Last year when I wrote about CEO pay I …read more

I love the comics. I’ve followed a lot of good ones over the years, but my hands down all-time favorite is Calvin and Hobbs written by Bill Watterson.Watterson is an interesting guy. He never allowed any commercial products to be made from his strip—no stuffed Hobbs (or I’d have one!), no Calvin dolls, nothing. And he allowed the compilations of his strips only grudgingly. (I own most of them.)
When he decided to stop that was it.
Obviously, he wasn’t driven by money; he didn’t want celebrity. He said what he wanted to say—no more and no less. But what he said …read more