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Reply to "Millionaire College Presidents"

Sorry that the link doesn't work.
Its a riddle for me, as I posted it and it still works for me.
Still, I'm sorry if I wasted anyone's time.

re: "why does it matter what the head of a business makes."

It matter a lot when its not performance-consistent and there are unredeemed shareholders or underpaid /laid-off staff.

Case-in-point: Former GM CEO Rick Wagner's 2007 compensation: $15.7mil.

More at the local level, some of us factor excessive executive compensation into purchase decisions.

and when you ask : "What is excessive compensation?"

I answer "Its whatever I say it is, because its my money Im spending."

Free market cuts both ways.

Without public scrutiny, excessive compensation tends to become the norm rather than the exception.
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