No argument here that ridiculous compensation rates for CEOs are just that...ridiculous. Unfortunately, Walsh's pay is scrimpy compared to what some other CEOs make. CEO compensation is often spliced into generous stock incentives for achieving short term profit goals, even at the risk of terminal long-term damage to companies. The culprit is the Board of Directors who promise stock holders quick gains, and CEOs who clean up by securing those gains.

But to play a blame game while your employer goes down the crapper is non productive. The first order of business is to plug the leaks when the ship is sinking and before you have to swim.