Look, I’m all for skewering overpaid CEOs while they’re still alive and roasting them over an open flame. But could we at least put a little thought into the process?
That seems to be the missing element in the Obama Administration’s new rules for executive compensation. I appreciate the spirit behind them, and I’m sure most other taxpayers do, too. But the more I read through the Treasury Department’s summary of the rules, the more they strike me as vague, ill-conceived and almost destined to tie compliance and governance executives into knots.
