AIG

[classicman]

Some other thoughts:
In a free market, each individual is selling their skills on the open market to the highest bidder. Individuals with the best skills are paid the highest in their profession. If given multiple job offers who would accept the lowest one? Very few.
It seems to me that what bothers most people is that the limit is not predetermined, but set by the highest bidder. Perhaps their pay should be tied to what profits their companies make - that I agree with. But that should be up to the company and not the Gov't. A free market will correct the imbalances if the Gov't didn't bail them out. Those companies where the compensation was out of line would all be gone, like Chrysler, GM and some of the banks.

What about professional athletes, movie stars and other entertainers? Should Oprah make a gazillion dollars to sit her ass n a couch and talk? How about an actor or actress that makes $10-20 million per movie or a singer that makes a deal with a company for a tour? Look at Michael Jackson's rumored $400 million deal. That is insane.