Helena Wasserman | There ain’t no (easy) cure for extreme executive pay

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Helena Wasserman.
Helena Wasserman.
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Many of the proposed fixes to executive pay are making things worse, writes Helena Wasserman.

"What people forget about wealth," a well-remunerated CEO once told me, rather miserably, "is that it compounds." He went on to explain that once you have a large amount of money (his came from eye-watering paycheques and bonuses), the returns and interest you earn on your investments, once re-invested, start to earn returns and interest of their own.

Then those returns start to earn returns, and so on. Pretty soon, this snowballs.

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