Poor decisions don't merit praise,
Just a compensatory raise,
Corp Directors deserve
A big raise for their nerve,
In weathering wan woeful days.- Larry Eisenberg, a comment to "Little Accountability for Directors, Despite Poor Performance", Steven M Davidoff, New York Times, 2013-04-05
My comment to this article was:
"I read once that most of the stock in many companies is held by mutual funds and other financial institutions. They vote with management because of policies of 'fiduciary responsibility'. Individual shareholders who vote against overpaid management are just a minor nuisance."
