I actually agree with her but IN REVERSE: Ultimately, it is the owners of a company who must determine whether a CEO's rewards are justified by a CEO's performance.

It is up to sharegholders to decide if a CEOs performance justifies pay, AND TO HOLD CEOs ACCOUNTABLE or shareholders should LOSE EVERYTHING.

That's what's missing here. Shareholders deserve to be wiped out, for failing to provide the required oversight of their own investmanets.

Wiping out shareholders provides the last line of defence (self responsibility) for a system that is rapidly failing at all level.