A Comment on Disclosure of Exec's Comp

I didn’t make it clear that I was advocating a wiser approach for the boards of directors, not legislature. In fact, if anything, I’d get rid of Sarbanes-Oxley and other such idiocy. An entire industry of a special breed of consultants has sprung up in the wake of corporate scandals. What do they consult on? – How to properly navigate the latest round of idiotic legislature that seeks to control the activity of those who actually produce. The legislature that was created by and for the benefit of those who couldn’t make something worthy of human consumption if their lives depended on it. Everyone has heard the cliché that those who can’t do, teach. Well, these good folks do even better. They charge exorbitant amounts of money to advise corporations on how to abide by the regulations, some of which seem to have been lifted directly from Alice in Wonderland. Happy Unbirthday to ya’all!