My Other Job
Posted on January 27, 2010 at 10:17 pm
I’ve been speaking out a lot on overpaid executives this week and commenting on the pay cuts imposed by the Obama adminstration’s on the top executives of seven of the bailout companies. I appeared on Bloomberg, the Nightly Business Report, and the NBC Nightly News, and in the New York Times. The Oregonian was nice enough to quote me as a leading expert in its editorial. And I am in the midst of a debate with University of Chicago professor Steve Kaplan on whether executives are fairly paid. I’m arguing that they are overpaid. If you agree, you can vote on my side.
Now, back to the movies!
That’s wonderful that you do this, but do you think anything good will come out of these hearings? Sometimes I think that hearings like this just service as podiums for legislators to rail against big money interests to pacify their constituents back home. Then it’s business as usual afterwards.
I was lucky though to be born cynical. That way I’m never disappointed.