(1) I support the Obama pay cap for CEOs of companies on the dole.
(2) My choice would be to cap them at the rate of a 4-star general or admiral, with max seniority.
(3) If you sent all F500 CEOs and their #2s to St Elba, performance of their companies would not on average deteriorate. The "myth of the irreplaceable CEO" is just that—myth.
Before blogging became all the rage, Tom was posting book reviews and Observations (essentially early blog posts) to this site. You can find the archives below.
What we're talking about
on the front page.