Chasing our tails

Sometimes it feels like we’re going in circles and anything we try to change gets lost in the rhetoric that inevitably surrounds the process of trying to fix it. Take the recent brouhaha over executive pay, for example. Companies are feeling the pressure to abandon stock options for restricted stock, and further tie senior executive compensation to performance benchmarks like indices. In theory this sounds like a more equitable reward scheme than simply handing the CEO a multi-million