By tying big bonuses to profit, you encourage these CEOs to CHEAT. They cook books, insider trade - anything legal or illegal to show lots of profit. You don't have to look any further than Enron to see how this works.
If you offer to pay 5 million to murder someone, many will step up. But it's illegal to offer large amounts of money to do something illegal. Why do they let them get away with it at the corporate level?
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Today's Featured Article - A Farmall Story - by Ed Meadors. The year was 1978. Our young family had recently moved to rural Chesapeake, Virginia to a plot of land which would finally allow us to realize our dreams of a huge garden, critters and more lawn and pasture than we would ever use! We needed a TRACTOR; not a riding mower or tractor wannabe, but a real TRACTOR. The answer to our needs materialized in the form of a '44 Farmall A, complete with cultivators, discs, single plow, a 5ft.Woods belly mower and one, mounted spare 9.00x24 rear wheel.
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