Just came across a fascinating, but infuriating, Slate story about how public companies are protecting their executives from falling housing prices by guaranteeing the sale price of execs’ homes. Nothing illegal here. Just disgraceful. And hypocritcal. koz.jpg
As Michelle Leder writes, “companies that depend on free markets are making sure their own executives are safeguarded from them.” Reminds me of a long-forgotten column in which I tried to goad a few CEOs to play laws and supply and demand and risk and reward that govern the rest of us.

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