The worst affront to the national interest is that these compensation arrangements created incentives for CEOs to "roll the dice" in search of the biggest possible scores for the company (and, not coincidentally, themselves), with too little regard for the downside risk if they bet wrong. And with no appreciation for the potentially dangerous consequences of such gambles, in the aggregate, for the economic security of the American people.
NAR: Pending Home Sales Increase 1.8% in May; Up 1.1% YoY
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From the NAR: NAR Pending Home Sales Report Reveals 1.8% Increase in May
*Pending home sales increased by 1.8% in May from the prior month and 1.1%
year-ov...
1 hour ago
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