You're right, take Matt Millen GM of the Lions that was fired, he's waliking away with 34 million dollars plus another 12-14 on top of that. The teams record with him as GM was something like 34-85.
Aren't the Lions a privately held company. Why should we have any say or opinion in that? If they fail, their loss.
On PUBLIC company's CEO pay: This may be the #1 problem in our business environment today. Not only does it make our investment opportunities on wall street perform much worse than they would be without (think individual investors as well as "professionally" managed retirement portfolios), but it also is a very poor move from a PR perspective.
American business is what makes this country great. For some reason, the public has completely turned against them and now thinks the government, for some reason, has our interests in mind.
If corporate America could tackle this problem head on and immediately, I think it would do wonders for the entire state of our country.