[Rags123]

Originally Posted by eweissenbach

I would agree IF you were talKing strictly about entrepreneur CEOs, however the CEOs of most Fortune 500 companies have little or no skin in the game aside from the value of their stock options. Responsibilility, yes, but often the underlings answer for poor performance, while the CEO, convinces the shareholders that it was their fault rather than his/hers, or decides that a massive layoff to cut payroll will make the bottom line look better. Now some CEOs are worth every penny, but I am not convinced most are. On the other hand, entrepreneurs, such as Morse, are worth all they accumulate because they did take all the risk and created a stellar product out of dirt.

That is quite a huge generalization you make about CEO's. I am sure that folks like Mark Zuckerberg, Jeff Bezos, Bill Gates, Warren Buffet, Steve Jobs/Tim Cook might disagree with you totally especially the "skin in the game comment".

Your generalization is impossible to prove and just as impossible to disprove except to ask you to get a list of the Fortune 500 CEOs and read their bio's. I have done that (NOT ALL MIND YOU), and these are men of singular abilities who for the most part are rewarded with stock options which are a direct result of their abilities.

I am not sure your source for such a sweeping statement..."often the underlings answer for poor performance, while the CEO, convinces the shareholders that it was their fault rather than his/hers, or decides that a massive layoff to cut payroll will make the bottom line look better. "

I just know that reading about Fortune 500 CEO's is more an inspiring record of achievement than what you are presenting. Most of this men/women have been working hard in the backgrounds of these companies before assuming the control.

I certainly cannot convince you relative to your comment..."Now some CEOs are worth every penny, but I am not convinced most are." because you give no concrete information as to how you arrived at that conclusion.

I find reading autobiographies of CEOs to be some of the most stimulating reading and by the way inspirational. Jack Welch at GE was a great one, and is the first that comes to mind that I have read along with Steve Jobs, Lee Iacocca, Jeff Bezos and a few others I have read.

There surely are bad guys or gals who have been or are CEO's but there are bad union leaders as we all know...and bad any occupation you might want to mention.

I find the vast majority of CEOs to offer a lot of inspiration to anyone who might research them and when you are a CEO of a Fortune 500 company, you have no where to hide at all.

I might add that this topic seems, for some reason to be tied to economic inequities, that most of these men give BILLIONS upon BILLIONS to charity.