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The Modern Economy Is Rigged With Dean Baker

Lead-Lag Live

00:00

Is There a Magic Bullet for CEO Pay?

Investors don't have the incentive to say, hey, wait, this doesn't make sense that these CEOs are getting such high paid and not special people. One of the things I've proposed is that if they vote no, that the directors lose their pay. Now, I don't know that would be enough, but I think it would at least be a wake up call that yeah, it is your job to make sure the CEO is not overpaid"

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