Bailed Out, Booted, Busted and Fired: CEO pay - Why so much?

This 20th anniversary Executive Excess report examines the "performance" of the 500 corporate chief executives who have ranked among America's 25 highest-paid CEOs in one or more of the past 20 years.
The report’s key finding: Nearly 40 percent of the CEOs on these highest-paid lists eventually ended up “bailed out, booted, or busted.”
· The Bailed Out: CEOs whose firms either ceased to exist or received taxpayer bailouts after the 2008 financial crash held 22 percent of the slots in our sample. Richard Fuld of Lehman Brothers enjoyed one of Corporate America’s largest 25 paychecks for eight consecutive years — until his firm went belly up in 2008.


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