The lavishly compensated CEOs we spotlight here should be exemplars of value-added performance. After all, sky-high CEO pay purportedly reflects the superior value that elite chief executives add to their enterprises and the broader U.S. economy.
But our analysis reveals widespread poorperformance within America’s elite CEO circles. Chief executives performing poorly — and blatantly so — have consistently populated the ranks of our nation’s top-paid CEOs over the last two decades.
The report’s key finding: nearly 40 percent of the CEOs on these highest-paid lists were eventually "bailed out, booted, or busted."
Some meritocracy! Look how many of the highest paid are ethically bankrupt. They get more gold than they can carry, yet fear no consequences for failure. Sounds like Satan to me.
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