Description: Over the last two decades nearly 40% of highly paid CEOs in the U.S. were either fired, arrested or bailed out by taxpayers. These statistics casts doubt on the whether CEOs should be paid so highly.

Source: CBC

Date: August 30, 2013

Video Link:  http://www.cbc.ca/player/News/Business/ID/2403678767/?page=3

Questions for Discussion:

1. Do CEOs deserve such astronomical salaries? Discuss points both in favour and against.
2. What does these stats imply for board of directors who select these CEOs?
3. Is it possible that because CEOs are paid so highly, they become overconfident in their abilities, leading them to make biased and poor decisions?