What Is Your View on the Compensation Committee?

Byron Rainn stays off from Raleigh, North Carolina. Thanks for your hospitality this weekend. My question concerns Solomon Inc. and more specifically Solomon Brothers. If the past compensation had been more rational would Solomon have done better? We're not wishing it on anybody. But if you asked us next month whether Berkshire would be better off if the whole stock market were down 50% or where it is now, we would be betteroff if it was down 50%.