Lowenstein is not only a foll,
Reader comment on: Roger Lowenstein on Executive Pay
Submitted by Dan Calabria (United States), Mar 26, 2011 10:13
I have never been fortunate enough to enjoy anything remotely close to the compensation rates Lowenstein refers to, which are not universally typical, and Lowenstein is dishonest because he would have us believe the compeansation levels he cites are available to any number of people who show up for their jobs every day. As concerns altogether too many teachers they are not subject to rigid performance standards, and in some cases no performance standards whatsoever. Anyone in industry knows that you don't get those high paying (sometimes excessive), compensation packages just for showing up. And if Lowenstein doesn't know that he should crunch his keyboard and resign from the fund he's affiliated with. BTW, how does Lowenstein justify his director's fees of $50,00 a year for a handful of meetings? I wonder what that equates to at an hourly rate?
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