Perhaps we should just let these companies dissolve into oblivion. The economy would collapse a lot further, but maybe the CEOs would learn that a respectable salary of half a million is better than not having a job or an income.
Agreed. If companies can't remain competitive they need to die. If the people running them suck at running them, then they need to get a regular job like the rest of us jerks. Phuque 'em. That's how it is supposed to work. If it doesn't work that way and you have companies that are "too big to fail" then you make even bigger problems.