Reply to "Millionaire College Presidents"

08Dad1,000+ posts

I guess I fall somewhere in the middle of this discussion.

As a consumer, I don't care what an executive makes. It does not impact my purchasing decisions - of course I wouldn't buy a GM product anyway

On the other hand, I dabble in the stock market. If I am a shareholder of a company, (which makes me an owner and someone who is paying a few pennies of that salary), I care about what someone is paid with my money. If I don't think someone earned their pay, I either vote against the board or I sell the stock.

I suppose that makes GM a special case as all US Citizens own a piece of the company...

11/3/0910:15 AM

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