The Quick Buck Just Got Quicker


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Published in The New York Times August 16, 2009 by Gretchen Mogenson

With outsized and corrupting corporate pay packages under scrutiny, you might think that companies would be rushing to tamp down their compensation plans. Making sure that pay actually rewards long-term performance, for example, seems a fairly obvious way to allay shareholder fears that managers are lining their pockets rather than safeguarding their companies.

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