Rodent Regatta

Pushing the Pay Envelope Too Far. Just when you think you’ve seen it all in executive avarice, a new greedmeister, Peter A. Boneparth, president of the Jones Apparel Company, struts across the stage. By Gretchen Morgenson. [New York Times: Business]

These are the kinds of boneheaded moves that will cause Lou Simpson at Berkshire Hathaway to sell! Clearly, he’s already planning to vote against the proposals.