Fired for Now: Getting fired, laid off, and hired again

There’s a lot of AIG outrage in the air right now. But while the pundits, politicians and legal scholars debate what kind of recourse there is to rescind the bonus payouts to those disgraced execs, there’s something I’m not seeing a lot of discussion about.

It’s that the overall compensation model for senior executives in America is too high. Period.  Bail-out or no bail-out. They’re just simply over-the-top whether any government hand-out is involved or not.

If you are a believer in an unregulated free market, you may want to stop reading right here.

But I believe there is worthy debate to be … Continue Reading