Exorbitant CEO Compensation: Just Reward Or Grand Theft?
Halstead Communications"Walking into a bank with a gun and demanding money from a teller is one way to steal money," says David O. Friedrichs, Professor and Distinguished University Fellow, Sociology/Criminal Justice, The University of Scranton. "Walking into a corporate boardroom and securing from the board's compensation committee, made up of cronies, paid consultants, and even relatives, compensation of millions "“ sometimes tens of millions or hundreds of millions "“ is another way to steal money.