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Who: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
Port: Lake Pleasant, AZ
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On Over Paid CEO's and Crooked CEO's

01 September 2014 | Pago Pago, American Samoa
Kimball Corson
Crooked and Not So Crooked Over Paid CEO's

Every year for the last 20 years, the Institute for Policy Studies has looked at the compensation packages of the top 25 highest-paid CEOs as defined by the Wall Street Journal. That’s 500 annual spots. Of those, 112 were held by Wall Street CEOs who drove their companies to bankruptcy or bailout. Another 39 were held by CEOs who ended up being terminated. A final 38 were taken by executives who ended up paying fines or settlements arising from fraud charges. That’s 189 out of 500, or 38 percent. Basically, two of every five of America’s highest paid CEOs behaved in a way that, if they were regular workers, would have gotten them fired, disgraced, possibly prosecuted—maybe even jailed.

And these are just those who did miserably by those few measures. Lower profits, marketing and product misjudgments and the like are not included in the tally which would likely take it to 50 plus percent, more misfeasance rather than malfeasance.

The point is they are not a stellar lot and as such are over paid. They are not deserving, brilliant and hard working wunderkinds, as Greg Mankiew, a professor at Harvard argues while indoctrinating his students who occasionally revolt or boycott his classes. Harvard does too little about him. But the propaganda machine nationwide grinds on with Mankiew doing his small part.
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Vessel Name: Altaira
Vessel Make/Model: A Fair Weather Mariner 39 is a fast (PHRF 132), heavily ballasted (43%), high-aspect (6:1), stiff, comfortable, offshore performance cruiser by Bob Perry that goes to wind well (30 deg w/ good headway) and is also good up and down the Beaufort scale.
Hailing Port: Lake Pleasant, AZ
Crew: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
About:
Kimball Corson: I am a 75 year old solo sailor, by choice. However, I did take on a personable, but high maintenance female kitten, now a full grown cat, named KiKiPoo when she is sweet, or KatKatPo after she has just killed something like a bird or bat. [...]
Extra:
Although I was a lawyer and practiced law with good success for thirty years, creating significant new law, I never really believed in the law, the politics of law or in the over reaching self-interest of most lawyers I met. Too much exposure to Nietzsche and other good and seriously thoughtful [...]
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Profile

Who: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
Port: Lake Pleasant, AZ