Suddenly, greed doesn't look good
In the 1980s, the Reagan Era, an attitude slipped into the corporate world, especially with the young people who were pouring into the financial services sector: Greed is good! The purpose of a corporation is to promote the net wealth of the stockholder. CEOs should be rewarded for producing stockholder wealth by huge salaries—more in a day or even an hour—than their workers earned all year.
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