Re: Ballmer’s bonus was just 79 per cent of his eligible total
"Yeah and that's what should end, rendered illegal, these scumbag schemes your types play."
My types? Get lost mate, I'm not one of these lucky bastards. I'm a mere underling who has taken the king's shilling, but is wise enough to understand that.
I can't speak for you, but most of the rest of the commentariat are likewise working to make rich people richer, even if they can't see that.
Curiously, my master's dissertation was on financial performance, and the evidence is overwhelming that you get what you incentivise, for better or worse. The main problem is that what is incentivised is wrong. In my case I made sure that the games I was playing still delivered what the business needed, but not everybody does. In particular, the execs who didn't have a good henchman to manage these things tended to end up benefiting (or losing) from incentive schemes that rewarded them for doing nothing or even the wrong things.
Incentive schemes shouldn't be illegal, they should be mandatory, but with the significant change to permit retrospective clawback and pension rights cancellation. That way incompetent c*nts like Notsir Fred Goodwin would now be walking around in sackcloth and ashes, instead of enjoying an obscene and undeserved pension whilst he laughs at the rest of us.